As clearly depicted on the whiteboard charts, we see this pair in a downtrend.
Massive downside legs are thrown to the downside with series of support levels broken along the way.
We've got a recent level that has been broken and now we have price coming back to it.
More than likely, we could see some downside continuations from here on in.. We're waiting for entry confirmations around this level looking to short to the downside.
Massive downside legs are thrown to the downside with series of support levels broken along the way.
We've got a recent level that has been broken and now we have price coming back to it.
More than likely, we could see some downside continuations from here on in.. We're waiting for entry confirmations around this level looking to short to the downside.