Short positions below 1.26271 with targets @ 1.24492.
Alternative scenario: Above 1.26271 look for further upside with 1.26599 as a target.
Comment: 1.) RSI is trending down. 2.) 20 days MA cross down over 50 days MA. 3.) Looking to sell off on the bounce down from Fib. 23.6%.
Alternative scenario: Above 1.26271 look for further upside with 1.26599 as a target.
Comment: 1.) RSI is trending down. 2.) 20 days MA cross down over 50 days MA. 3.) Looking to sell off on the bounce down from Fib. 23.6%.