As you can see the key level on the daily time frame has been well respected and rejected multiple times. I believe now price could possibly be in a downtrend/channel to the downside.
Currently price is at a strong H4 resistance, i will be looking for a clean break and retest before looking to short the pair, overall targets should be set at the next key level.
Consider following my tradingview page,
WHILST YOUR HERE CHECK OUT THE BOTTOM THE PAGE!!
Good luck, stay blue,
Ash.
Currently price is at a strong H4 resistance, i will be looking for a clean break and retest before looking to short the pair, overall targets should be set at the next key level.
Consider following my tradingview page,
WHILST YOUR HERE CHECK OUT THE BOTTOM THE PAGE!!
Good luck, stay blue,
Ash.