HI Traders . After few days later I am back with something special for you. This pair has finally entered into bearish bias. From the marked Corrective structure market made some communication with us by making new LOWER HIGH. which needed to be marked to capture pre-breakout of the corrective structure. And it did. Breakout happened and last week it remained with bearish pressure . Though some pullback occurred targeting towards 0.7600. I will say its another good communication of entering the Sellers from 0.76000. So I will remain with bearish Bias targeting 0.75180 and then I will go for 0.7300 considering that time's context.
My bias will be changed if 0.76000 is taken out and daily close above it. But my probability says chances are few.
Happy Trading. Like if you agree.
My bias will be changed if 0.76000 is taken out and daily close above it. But my probability says chances are few.
Happy Trading. Like if you agree.