4.0 Psych level
We are at a very important level for bears. This pair visited this level back in January 2017 and again towards the end of 2017 in November. Now we're back at this level and Bears could be thinking lets give it a 3rd shot to take this down.
On the H1 the pair has made a lower low and now a bear would be waiting for a pull back into the role reversal and sell the lower high
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About The Forex Analyst
Graduate in Bcom Human Resources Management. I have been operating in the markets since 2016 and still learning everyday analysing the markets and entering trades only when conditions are met. I am a full time trader and market analyst using technical and fundamental analysis, I am also a part time student at the University of Johannesburg studying Finance and Investment Management. I am always looking for ways to improve my skills as a professional and consistent investor for above average returns building a track record of success in the markets.