Short term Bearish Long term bullish
Expect further down movement to at least 12900 before the bulls take over
Pair is still within the ascending channel
*Trend path was drawn on 27th April, Nasdaq is respecting this path.
Note the pair could fall below the channel
Expect further down movement to at least 12900 before the bulls take over
Pair is still within the ascending channel
*Trend path was drawn on 27th April, Nasdaq is respecting this path.
Note the pair could fall below the channel