On the weekly timeframe last week proved the more sellers than buyers are currently in the market. I am expecting some more downward movement as we make our way to the 1.34000 level.
We have a very clean set up on the H4 timeframe with price already breaking down below the support level and the trend line. Once we get a retest of the support level then we will look to take a sell opportunity.
We have a very clean set up on the H4 timeframe with price already breaking down below the support level and the trend line. Once we get a retest of the support level then we will look to take a sell opportunity.