Hello
Trend is BEARISH
There was a SUPPLY zone in 1.06-1.061 area which price has reacted to it last week ofcourse after a CHoCH that makes traders feel alittle bit BULLISH.
Breaking 1.055 confirms DOWN trend .
Next strong SUPPLY area would be 1.063-1.06750 that will make us ready for a SELL signal after a CONFIRMATION.
I will update the chart if any changes happen...
Trend is BEARISH
There was a SUPPLY zone in 1.06-1.061 area which price has reacted to it last week ofcourse after a CHoCH that makes traders feel alittle bit BULLISH.
Breaking 1.055 confirms DOWN trend .
Next strong SUPPLY area would be 1.063-1.06750 that will make us ready for a SELL signal after a CONFIRMATION.
I will update the chart if any changes happen...