This pair has been in consolidation on the daily which is the first sign of a reverse coming.
In addition, the RSI oscillator has actually started to trend lower after just touching upon the oversold level, which could imply some bearish activity ahead for the pair. The Stochastic Oscillator has also reached into reversal territory with some divergence also evident within the indicator.
Stops at 0.77500 looking for around 0.73500.
Good luck!!
In addition, the RSI oscillator has actually started to trend lower after just touching upon the oversold level, which could imply some bearish activity ahead for the pair. The Stochastic Oscillator has also reached into reversal territory with some divergence also evident within the indicator.
Stops at 0.77500 looking for around 0.73500.
Good luck!!