here we can continue with bears and open sell short position
The price is cheap and will continue to get cheaper because there is no evidence of an increase in volume. After the opening of the London and New York markets, the final decision can be made. If the decline starts from these current areas, it will see lower prices (target 1.30), but in the case of a pullback, we have to wait for its intensity. The market needs a lot of strength to climb and return to the areas above 1.33.
have a nice day
Financial markets are risky and you cannot work in them without expertise. This is just personal analysis and we are not responsible for any loss of your money***
The price is cheap and will continue to get cheaper because there is no evidence of an increase in volume. After the opening of the London and New York markets, the final decision can be made. If the decline starts from these current areas, it will see lower prices (target 1.30), but in the case of a pullback, we have to wait for its intensity. The market needs a lot of strength to climb and return to the areas above 1.33.
have a nice day
Financial markets are risky and you cannot work in them without expertise. This is just personal analysis and we are not responsible for any loss of your money***
Trade closed: target reached