That does confirm the downtrend which means to continue to look for selling opportunities. I would maintain this bearish bias as long as the pair remains below the 1.36933 buy side high of April 12th.
Note: Low and High figures are for the trading day.
Data provided byNote: Low and High figures are for the trading day.
Data provided byNote: Low and High figures are for the trading day.
Data provided byNote: Low and High figures are for the trading day.
Data provided byNote: Low and High figures are for the trading day.
Data provided byNote: Low and High figures are for the trading day.
Data provided byThat does confirm the downtrend which means to continue to look for selling opportunities. I would maintain this bearish bias as long as the pair remains below the 1.36933 buy side high of April 12th.
DailyFX provides forex news and technical analysis on the trends that influence the global currency markets.