Price broke the Daily support at 1.3610 region and is currently retesting the zone. If we get a daily close below and a strong bearish confirmation candle we expect the downtrend to continue to around 1.3400 region.
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Disclaimer: Trading foreign currencies (forex) is not appropriate for all investors, and the risks of forex trading can be substantial. You should carefully consider whether forex trading is right for you in light of your particular circumstances and financial resources.
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Disclaimer: Trading foreign currencies (forex) is not appropriate for all investors, and the risks of forex trading can be substantial. You should carefully consider whether forex trading is right for you in light of your particular circumstances and financial resources.