Weekly Chart:
Bearish candle with rejection of high prices after 4 weeks in a row trying to get to reach higher price.
Daily Chart:
Friday closed with strong bearish candle and below the down-trend line since Mar 2018
Watch out:
1. Price might go back to zone 1.5-1.508
2. First support @ 1.494
Action:
Wait to join the Bears
Bearish candle with rejection of high prices after 4 weeks in a row trying to get to reach higher price.
Daily Chart:
Friday closed with strong bearish candle and below the down-trend line since Mar 2018
Watch out:
1. Price might go back to zone 1.5-1.508
2. First support @ 1.494
Action:
Wait to join the Bears
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