Price is facing bearish pressure from our downside confirmation, where we could see a further drop towards 1st support at 77.43 if price breaks below downside confirmation at 77.90. MACD is also indicating more bearishness to come.
Trading Recommendation
Entry: 77.90
Reason for Entry:
Horizontal overlap support
Take Profit :77.43
Reason for Take Profit: Horizontal swing low
Stop Loss: 78.43
Reason for Stop loss:
Horizontal swing high