Some reasoning:
- long-term resistance lines are holding
- divergence on weekly RSI
- volume was falling yesterday
Backup plan - sell if support at 0.7037 breaks and downtrend continues
Comment:
I meant support at 0.7022x of course
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.