DOGEUSD - Intraday - We look to Sell a break of 0.2269 (stop at 0.2381)
Daily signals are bearish.
Trades with a bearish descending triangle formation.
The bias is to break to the downside.
The failure to sustain the break higher and subsequent dip, formed a bearish candle and is negative for short term sentiment.
A break of bespoke support at 0.2300, and the move lower is already underway.
Our outlook is bearish.
Our profit targets will be 0.1954 and 0.1904
Resistance: 0.2550 / 0.2700 / 0.2900
Support: 0.2400 / 0.2300 / 0.2150
Daily signals are bearish.
Trades with a bearish descending triangle formation.
The bias is to break to the downside.
The failure to sustain the break higher and subsequent dip, formed a bearish candle and is negative for short term sentiment.
A break of bespoke support at 0.2300, and the move lower is already underway.
Our outlook is bearish.
Our profit targets will be 0.1954 and 0.1904
Resistance: 0.2550 / 0.2700 / 0.2900
Support: 0.2400 / 0.2300 / 0.2150
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