The currency pair breaks the channel, corrects and consolidates below the support line. This fact tells us that we have moved from the buying area to the selling area. We have broken through the local support 0.77067 and go down further. I think that the price will go down to support 0.7561, followed by a liquidity zone, if, of course, the trend changes to bearish and the market goes down, then the next point is 0.7395
Remember, there is no place for luck in trading - only strategy!
Thanks for the likes and comments.
Remember, there is no place for luck in trading - only strategy!
Thanks for the likes and comments.