The pair have been showing signs of weakness lately confirmed by the break of the bullish trend line combined with the break for the head and shoulders neck line and the extreme swing for the RSI .selling short targeting 87.750 stop loss 88.480
Note
Take care this is not a pennant ,actually the candlesticks are showing some strength figures ,for those who traded the break of the neckline protect your profits ,for new position setup it's better to wait for the break of 87.877
Note
the pair has just retested the trendline looking for the break of 87.850 level ,after breaking it the 87.750 is most likely to be the next support level.
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.