This pair has clearly indicated to us that it is now in a bearish trend, we can see the bearish impulse that came into the market on the left, and now its followed by this big correction to the upside, when price reaches where sellers initially moved the market down, it is highly likely that price will drop from that level again, lets wait and see.
Trade active:
Precision
Trade active:
36 pips running
Trade active:
62 pips
Trade active:
Rejecting nicely on supply zone
Trade active:
115 pips
Trade active:
235 running (in a correction)
Trade active:
325 pips
Trade active:
Strong bearish trend
Trade active:
400 pips
Trade closed: target reached:
Target reached