willymwilly

willymwilly

Price is dropping from A strong daily Supply level and looks like it may revisit the 200 EMA as it has done so already 5 to 6 times prior. If price can stay below the down trendline shown by the big red arrow. Price may bounce off the 200 EMA at the Daily demand level so be careful because the overall trend is bullish. Look to buy below .6434 and lower.

willymwilly

A very good short opportunity is presenting itself here on the 240 min chart. If price enters into the the range of .8763 - .8793 you might want to consider taking a short on the pair.