SHORT : 2.9430 STOP LOSS : 2.9850 TAKE PROFIT: 2.8717
TECHNICAL ANALYSIS: - EMA SHOWS DOWNWARDS SLOPE OF THIS CURRENCY PAIR - RSI HAS 3RD TOUCH ON SHORT TERM UPTREND LINE WHICH SHOWS WEAKENING UPTREND. SHOULD THEY BE ANY BREAKOUT OF THIS LINE WILL CONFIRM A HEALTHY DOWNTREND FORMATION - SHORT AT UPPER LEVEL OF LINEAR REGRESSION CHANNEL OF CURRENCY PAIR - SHORT BELOW FIBONACCI CONFLUENCE LEVEL