I expect the price to respect the H4 trendline and continue in its downtrend. Multiple confluences confirm this with a strong ressistance zone which it had failed to break. Good Opporunity to sell in my opinion.
Target; 50-60 Pips
Although a break above this ressistance level and long term down trend will possibly confirm a reversal with bullish momentum over the next few days with a TP of 150-180 Pips.
Target; 50-60 Pips
Although a break above this ressistance level and long term down trend will possibly confirm a reversal with bullish momentum over the next few days with a TP of 150-180 Pips.