Can this daily downtrend continue?
Today, a daily downtrend was confirmed by todays close below previous swing low.
Answering this question is difficult because support was broken with a tiny margin.
There is plenty of room for bulls in the weekly timeframe, with the fast ema still above price which could act as support for a possible weekly higher low.
If bulls show up tomorrow with a close above todays high at 1.1049 could be the first sign of a lack of follow through.
Today, a daily downtrend was confirmed by todays close below previous swing low.
Answering this question is difficult because support was broken with a tiny margin.
There is plenty of room for bulls in the weekly timeframe, with the fast ema still above price which could act as support for a possible weekly higher low.
If bulls show up tomorrow with a close above todays high at 1.1049 could be the first sign of a lack of follow through.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.