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The price is hovering near the upper Bollinger Band but seems to be losing momentum, suggesting a possible drop towards the mid-band around 1.1450 or even the lower band at 1.0650. The MACD shows a bearish crossover, and the RSI is at 47, there is weakening buying pressure.
Key Levels to Watch:
If the price drops below 1.1350, it could trigger further selling.
Targets: 1.1000, then 1.0650.
Stop-loss: Just above 1.1450 to limit risk.
keep an eye on the support levels for confirmation.
The price is hovering near the upper Bollinger Band but seems to be losing momentum, suggesting a possible drop towards the mid-band around 1.1450 or even the lower band at 1.0650. The MACD shows a bearish crossover, and the RSI is at 47, there is weakening buying pressure.
Key Levels to Watch:
If the price drops below 1.1350, it could trigger further selling.
Targets: 1.1000, then 1.0650.
Stop-loss: Just above 1.1450 to limit risk.
keep an eye on the support levels for confirmation.
Aviso legal: Se incluyen opiniones de terceros. Esto no representa una asesoría financiera. Puede haber contenido patrocinado. Lee los TyC.
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