Downtrend Channel Rejction at the Trendline Resistance

This pair has been on a downtrend since May 2018 reversing at 0.74340.


the pair reached a common resistnace area at 0.69000 before breaking the support line and going bearish

I have identified a downtrend channel with Lower Highs and Lower Lows.

I am goung short on this pair from 0.65750 and take profit at 0.65100 and take profit two at 0.64600

please use appropriate lots based on your account size and respect your stop loss.

Take Care!