Price is facing bearish pressure from our 1st resistance, where we could see a further drop towards 1st support. RSI is also indicating hidden bearish divergence.
Trading Recommendation
Entry: 1.3216
Reason for Entry:
Bearishness below 1st resistance, hidden bearish divergence
Take Profit :1.3188
Reason for Take Profit: Horizontal pullback support
Stop Loss: 1.3234
Reason for Stop loss:
76.4% fib retracement