In this short-term scenario, the selling trend is quite clear. The price broke the support line that has kept it in the last 10 days. With this bullish movement we can clonclude that the price will start a correction to then go long and touch the interest red zone.
Like as i mentioned before it is a short-term trade and the bias remains bearish.
This is not a pair I usualy trade because of the highs spreads.
This market analysis is just a investment idea, the same shouldn't be taken as a financial counseling without risk envolved.
CFD´s are very complex financial products that can result on the loss of most capital invested
Like as i mentioned before it is a short-term trade and the bias remains bearish.
This is not a pair I usualy trade because of the highs spreads.
This market analysis is just a investment idea, the same shouldn't be taken as a financial counseling without risk envolved.
CFD´s are very complex financial products that can result on the loss of most capital invested