- The Current Ratio indicator have reached a critical value, too many traders expect an upward movement. In this case, we recommend to Sell only.
- The Profit Ratio reversal indicator doesn't react on downward movement. This means that the movement is not fake.
- The activity of "fresh" bulls while the downward movement may indicate that the market crowd still does not believe in a Bearish trend.
- MVP line is above the price and acts as a resistance level.
- The first target is at the level of the previous bottom - 1.2565, and the second one, in case of an active price decrease, is at the level - 1.2535
Chart & Analyst Comments
