Hello Traders!
A recent bearish engulfing candlestick and a strong rejection with at the moment, shows that bearish pressure is still here to stay, after shaky US news data it looks like the trend direction won't likely change, which means the pair should keep a stable trend towards the downside.
A recent bearish engulfing candlestick and a strong rejection with at the moment, shows that bearish pressure is still here to stay, after shaky US news data it looks like the trend direction won't likely change, which means the pair should keep a stable trend towards the downside.