A price action below 46.00 supports a bearish trend direction.
Increase short exposure for a break below 45.00.
The target price is set at 42.50.
The stop-loss is set at 48.50.
A correction back to its 200-day simple moving average seems likely.
Increase short exposure for a break below 45.00.
The target price is set at 42.50.
The stop-loss is set at 48.50.
A correction back to its 200-day simple moving average seems likely.