This Pair had broken the 50 Day MA since Late Sept. Early Oct. after the confirmation of drop through the 50 Days MA, price has been seeking further low, once price drop to support level at the wave zone it rebound for a small correction but rejection was strong and so price break the zone and again seek further low.
Therefore, wait for the correction towards the resist levels/zone to continues to sell the trade until price return and move back up above the 50 days MA.
Therefore, wait for the correction towards the resist levels/zone to continues to sell the trade until price return and move back up above the 50 days MA.
