Pair’s sharp drop to below 1.32 (and minor rising trend line level) adds credence to the bearish dark cloud cover formation noted last week and open doors for a retreat to 1.3059 (Aug 30 low).
On the higher side, only a move back above 1.3347 (Sep 12 high) would signal bearish invalidation.
On the higher side, only a move back above 1.3347 (Sep 12 high) would signal bearish invalidation.
