The pair is still trading in a big “triple three correction” formation; more downside is on the way.
The first target lies at 23.70/40, below here the market will proceed lower to 22.55 and 21.85.
A daily close above 26.40 will make us reconsider the downside counts and the whole downward scenario.
The first target lies at 23.70/40, below here the market will proceed lower to 22.55 and 21.85.
A daily close above 26.40 will make us reconsider the downside counts and the whole downward scenario.