The second weekly session in June has opened with a small downward gap, the opening level is 1.3334 and the bears have immediately rewritten Friday's low = 1.3329. Bearish sentiment prevails on the pair for now, however, there is a small "but" in the possibility of bears rewriting the low = 1.3301. It is too early to talk about the results and we need to wait for the Tuesday candle to close, why not the current D1 candle? Even if the current D1 candle cannot rewrite the low = 1.3301, it will not show a signal to stop the downward movement on the D1 timeframe, as the current candle has already rewritten Friday's low. I am waiting to see how the trading above the low = 1.3301 will end.
