As we can see in the chart, there descending pattern is forming from the past 2 weeks and it is more likely to push it to the downside the channel. We see the current channel broken down to the downside on 4H time frame. We can expect the short term target for 1750-55 easily.... Happy Earning <3
I am bullish overall as you probably know. But some shortlived dump would not surprise me today. Lets see what FOMC holds for us. Wish you good luck with your trades!