Based on the daily chart we can see that the price bounces from 1.50000 resistance level. Probably this is a new swing high and it’s lower than the previous one. It’s a signal that we must be ready to a new downward movement. We can draw a downtrend line based on these highs. RSI confirms price reversal from the resistance level. We have sell opportunity.
Place pending orders for sell below 1.49150 with stop orders above 1.50200 level. Profit targets are at the support levels. If this trade recommendation is activated, the previous recommendation for this market must be ignored. The pending orders for buy should be deleted manually. Recommended trading volume for this trade is up to 3% from your deposit.
Profit Targets: 1.48150 and 1.47150