- The current trend is downtrend and the forecast is continuation of downtrend.
- A peak is formed in daily chart at 0.7535 on 11/21/2017, so more losses to support(s) 0.7330, 0.7275, 0.7145 and more depths is expected.
- Price is below WEMA21, if price rises more, this line can act as dynamic resistance against more gains.
- Relative strength index (RSI) is 33.
There is possibility of temporary retracement to suggested Trend Hunter Sell Zone (0.7545 to 0.7595), if so, we would set orders based on Daily-Trading-Opportunities and expect to reach short-term targets.
- Beginning of entry zone (0.7545)
- Ending of entry zone (0.7595)
Click on the level to view price action history.