Possible downtrend continuation. Opportunity to short the pair at current area of value whereby bearish engulfing candle coincides with 38% Fibonacci pullback, break of recent short term up trend during consolidation and resistance at 1.1261.
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.
