Evening traders, little bearish push today, looking for further downside movement following an hourly break of structure today with the daily now decelerating nicely.
I was initially looking for price to push slightly higher up into the 1.3 level which it just missed by a couple of pips, but couple of things to be aware of, we have not yet had a 4 hourly break of structure and we are sat on the 4 hourly 50ema along with being above the daily 50ema.
Lets see how this one develops.
I was initially looking for price to push slightly higher up into the 1.3 level which it just missed by a couple of pips, but couple of things to be aware of, we have not yet had a 4 hourly break of structure and we are sat on the 4 hourly 50ema along with being above the daily 50ema.
Lets see how this one develops.