Had broken previous levels of resistance set all the way from Nov. 13. We saw the retest yesterday and we will continue to look at this pair bearish. Friday Dec. 4 price closed past the Kaufman and Kijen baselines with an engulfing bearish candle.
RVI values also seem to be in completion of a head and shoulders formation biased to the downside, being that now the indicator shows values below the zero line in a downtrend.
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