Good morning everyone. I am looking at this currency pair to go short for a number of reasons:
1. Price has been forming Lower Highs and Lower Lows for quite a long period of time
2. Price seems to have bounced off current trend line channel
3. Our RSI shows divergence
Always carry out your own research before placing a trade and be sure of using risk management.
1. Price has been forming Lower Highs and Lower Lows for quite a long period of time
2. Price seems to have bounced off current trend line channel
3. Our RSI shows divergence
Always carry out your own research before placing a trade and be sure of using risk management.