We saw price break our trendlines to the upside temporarily, until price hit the golden Fibonacci range were bearish pressure reversed the trend back down to the downside. Causing the price to break back into our
downward channel, whilst breaking a 4hour support now turned resistance which has been retested and appears to be holding as well as showing clear signs of bearish pressure around this area.
Signifying to me, we could see more downside potential to the next 4 hour key level of 0.90866
downward channel, whilst breaking a 4hour support now turned resistance which has been retested and appears to be holding as well as showing clear signs of bearish pressure around this area.
Signifying to me, we could see more downside potential to the next 4 hour key level of 0.90866
Trade closed: target reached:
trade closed manually at 0.90947