Downtrend continuation

٢٤ أغسطس ٢٠٢٤

A rising channel in this trend gave an indication of a possible downtrend continuation to a new possible support price (1.08464), in the upcoming week. A rise in price which could be a possible retracement could be give a possible entry point near or above (1.09222) but a clear bearish signal e.g double in the lower timeframe and clear candle signal signal on the higher timeframes will justify the continuation of the downtrend.