Shorting this pair as today's daily candle confirmed the continued downtrend.
Price was rejected at .8795 resistance
Price is strongly on the downside
Price is below all major moving averages 50, 100, and 200
A rising ADX indicates a strong trend formation
RSI is not oversold yet for buyers to come in
Price was rejected at .8795 resistance
Price is strongly on the downside
Price is below all major moving averages 50, 100, and 200
A rising ADX indicates a strong trend formation
RSI is not oversold yet for buyers to come in