The price is approaching the broken resistance level (previous support) at 107.610 and the bearish trendline. We may expect another drop to at least 105.457, which serves as a support level. Please refer to the chart for further details.
NOTE: Do not apply trades blindly. Wait for confirmation and always analyze lower timeframes.
Let me know in the comment section below if you have any questions, ideas, or thoughts...
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NOTE: Do not apply trades blindly. Wait for confirmation and always analyze lower timeframes.
Let me know in the comment section below if you have any questions, ideas, or thoughts...
Don't forget to like and subscribe!