The currency pair trades in a descending channel pattern on four hourly chart since past two weeks. We can see every time the prices hit the declining trend line it pulled back to the lower flat trend line and vice versa. Now, the pair points towards a sell signal as it recently reversed off the key resistance area of 0.7476 and is likely to move towards 0.7437 which the traders can set as first target. If the prices dives below this level then the next target can be at 0.7390. This will give a success to the descending triangle pattern.
Stop Loss: 0.7487
免责声明
这些信息和出版物并不意味着也不构成TradingView提供或认可的金融、投资、交易或其它类型的建议或背书。请在使用条款阅读更多信息。
免责声明
这些信息和出版物并不意味着也不构成TradingView提供或认可的金融、投资、交易或其它类型的建议或背书。请在使用条款阅读更多信息。