Chart Commentary Disclaimer: Adewale’s views on the Charts is not advice or a recommendation to trade or invest, it is educational and general information only. Don’t blindly buy and sell the markets/products discussed in this newsletter, do your own research and be aware of the risks and rewards.
Relevant Key Levels: Resistance :1.27660 and Support: 1.25050
Price Action: A small Pinbar started the rally few days ago.
Potential Trade Idea: We anticipate potential bearish setup at the resistance region at 1.27660. Our bias remained bearish as long as price closes below this region.