now we are going to prepare our charts for the new week
The daily chart
for sure we are now in a strong downtrend, the price broke a small uptrend, but it stopped before breaking the support at 205.95 but with this strong bearish close, I think it's gonna break it before stopping again at 204.65
The 4 hrs chart
we see also that the price pulled back from 205.95, but it started again going down so we expect that it will break this level going to 204.65
The 1 hr chart
there is a bearish divergence that tells us that the pair is still going down although the reverse from 205.95now we would wait and see,, It it completed the reverse we will wait for a good area to sell, if it broke 205.95 we will start selling here now take a look at my charts
