Hey traders and investors!
An interesting situation in the currency pair.
The price has returned below the upper boundary of the range at 149.4. Is all the traded volume above this level fueling further price decline? There is a lot of volume up there...
We are watching how the price interacts with 148.644. A breakout of this level by sellers and its defense would be a strong signal to look for selling opportunities.
Potential target: 142-139.
I wish you profitable trades!
An interesting situation in the currency pair.
The price has returned below the upper boundary of the range at 149.4. Is all the traded volume above this level fueling further price decline? There is a lot of volume up there...
We are watching how the price interacts with 148.644. A breakout of this level by sellers and its defense would be a strong signal to look for selling opportunities.
Potential target: 142-139.
I wish you profitable trades!
Good luck with your trading!
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Good luck with your trading!
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.