There has been a break of fractal support at 113.416 so strong downward momentum expected in short-term.
Also, the market has recently closed below the conversion line suggesting a higher probability of a downward move compared to previously when the market was above the conversion line.
Next fractal supports lie at 113.276, 113.25, 113.22 and 113.15.
Also, the market has recently closed below the conversion line suggesting a higher probability of a downward move compared to previously when the market was above the conversion line.
Next fractal supports lie at 113.276, 113.25, 113.22 and 113.15.