Signs of a new downtrend on the lower time frame have been identified, a potential drop towards the 116.40 price area may occur. The potential setup remains valid below the 117.86 price area.
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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.
Like/comment/follow to get notification updates on this and other ideas.
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.