This Pair is clearly currently bearish with the creation of lower highs approaching a monthly support.
- Bearish MA Cross
- Lower Highs
- Rejection off 50% fib level
I believe if price can break the monthly support at the pshychological level of 127.000 I see the completion of a possible D leg at around 121.000.
- Bearish MA Cross
- Lower Highs
- Rejection off 50% fib level
I believe if price can break the monthly support at the pshychological level of 127.000 I see the completion of a possible D leg at around 121.000.