Bears are winning
At the moment, our pair has continued to decline and buyers are leaving the market. Closing long positions by bulls helps to reduce the pair and it updates monthly lows and is likely to go to one-year lows.
Technical indicators point to a sale and we see the formation of a powerful downward impulse. Therefore, we advise you to take short positions and consider earlier levels of support at the marks of 1.14 and 1.1345.
Technical indicators point to a sale and we see the formation of a powerful downward impulse. Therefore, we advise you to take short positions and consider earlier levels of support at the marks of 1.14 and 1.1345.
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