NEARUSD Still inside a Channel Down despite the rise.

NEARUSD is having today the strongest 1D green candle since January 14th.
With that, it crossed over the MA50 (1d) for the first time since April 26th.
Despite the positives, it remains inside a long term Channel Down since the start of February and we should treat it as such.

Trading Plan:
1. Sell at the top of the Channel Down.
2. Buy if the price breaks over the Falling Resistance.

Targets:
1. 1.3700 (0.236 Fibonacci level).
2. 2.4000 (Resistance 1 and 0.786 Fibonacci).

Tips:
1. The RSI (1d) has already crossed over its Falling Resistance and reached he highs of April 15th. That might be an early Channel Down bullish breakout sign for the price.

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