Technical analysis
It brokes the main trend line on the daily chart and reached the support area around 128.670.
After the break, we go back to retest the trend line, and here with the first sign of bearishness, we enter selling and the stop loss area 20 pips above the trend line.
But our expectations say that it will continue in the descending channel because the breakage was strong>
It brokes the main trend line on the daily chart and reached the support area around 128.670.
After the break, we go back to retest the trend line, and here with the first sign of bearishness, we enter selling and the stop loss area 20 pips above the trend line.
But our expectations say that it will continue in the descending channel because the breakage was strong>
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