Bearish breakout.

20 ביולי 2015

As mentioned in the title above this pair has just had a bearish breakout breaking through previous support at 0.70131. This is pretty simple and clear entry point for a short trade. Price action has been very up and down over the 4 or so months and i think this breakout could be the start of another significant down move. Im looking for this pair to move to its previous lows around 0.65273. Breaking that
price we could even be testing 60 cents.