Analysis:
Strong downwards trend
Retest of a key level
61.8% fib level touch
Possible downwards trendline touch
100 EMA close by
This pair has just been dropping like a rock and after this needed pullback we think price has a high chance of continuing its move to the downside📉
Please feel free to leave any comments you have and like this idea if you agree with us. Any feedback or comments will be read. We appreciate it all.
Stay Safe - JPI
Disclaimer:
This does not constitute as financial advise. We are not responsible for any monetary loss that you endure. Trading is hard to be profitable with and we take losses just like everyone else does to. Our ideas won't always be correct which is why we urge you to always do your own analysis first before entering into the market but please feel free to use our analysis to assist you with yours.
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