It seems that the longtermtrend broke these days. The Pair tried to recapture the trend, but the test was directly sold again -thats bearish!
If the pair can`t recapture this trend, the momentum is bearish - only trading above 670 respective 680 will brighten the chart.
Imo, we are on the way down to the 38,2 fibo @ 630. 646 is the pro cyclical main trigger for that Szenario
Comments are welcome -Agree or disagree!
If the pair can`t recapture this trend, the momentum is bearish - only trading above 670 respective 680 will brighten the chart.
Imo, we are on the way down to the 38,2 fibo @ 630. 646 is the pro cyclical main trigger for that Szenario
Comments are welcome -Agree or disagree!
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