The price of the pair continues to decline to reach the threshold of $ 8000, reinforcing expectations for a bearish trend in the short and medium term, while noting that our next target reaches 6039.30, supported by regular trading again within the descending channel shown in the image.
Thus, we are waiting for further downside for the rest of the day unless the 9350.00 level is breached and stability above it.
The trading range for today is among the support at 7500.00 and resistance at 9390.00
