the price made a decent pullback, but now it looks like that trend will be bearish as soon as it breaks the marked support level. The overall trend is bearish, and more importantly, DXY is falling sharply, which suggests that the trend will remain downwards. Other useful information has also been given in the chart with also short position been drawn
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.