As you can see, Price is close to the prvious very strong resistance.
Bearish trend is here and we opt to short this pair BUT with 2 conditions:
1- Broken Blue trendline (Downside)
2- 60.000 level B , this is keylevel towards 45.600
Keep in mind the BLUE Trendline is most important to watch, so keep an eye on it. Maybe this will be the new support to an ascending channel.
Stop Loss : 73.700
1st Target : 63.100
2nd Target : 60.400
3rd Target : 45.600
Bearish trend is here and we opt to short this pair BUT with 2 conditions:
1- Broken Blue trendline (Downside)
2- 60.000 level B , this is keylevel towards 45.600
Keep in mind the BLUE Trendline is most important to watch, so keep an eye on it. Maybe this will be the new support to an ascending channel.
Stop Loss : 73.700
1st Target : 63.100
2nd Target : 60.400
3rd Target : 45.600