The counter is currently in a strong downtrend, making lower-low lower-high.
Now it has made a new low by breaking the support of 1.09636.
It has tested the broken support and validated it in the shorter time-frames.
Hence, we expect the counter to be bearish from here on.
Now it has made a new low by breaking the support of 1.09636.
It has tested the broken support and validated it in the shorter time-frames.
Hence, we expect the counter to be bearish from here on.