Is this Pair at Critical Level?
We saw the pair nose-diving after positive NFP last week and stronger Dollar. Is this pair at crucial level for the imminent fall to near 1000 level or bounce at 1180 price to complete a triple bottom (as defined by orange horizontal line)?
Charts say it all that trend maybe truly and still bearish but 1180 is a solid support - so waiting to hold or break. RSI on tfs' are on oversold area except for monthly which in humble my opinion has some more room for a downturn.
IMO, better wait for confirmation of true direction.
Charts say it all that trend maybe truly and still bearish but 1180 is a solid support - so waiting to hold or break. RSI on tfs' are on oversold area except for monthly which in humble my opinion has some more room for a downturn.
IMO, better wait for confirmation of true direction.
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Clause de non-responsabilité
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.