Western Union turns to decline

29 march 2022 66
Volkov_Anton
Volkov_Anton

Listed among the best MarketCheese authors
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Since March 11, Western Union shares have been in the uptrend. And now, it's time to test the trend for strength again.


A "hanging man" formed in the chart, together with the reversal of the RSI indicator, indicate a transition to the decline. The first support is the uptrend line. In case of a downtrend breakdown, the focus will be at the level of 18.

Volkov_Anton
Volkov_Anton

Listed among the best MarketCheese authors
1st in the segment "Currencies"
2nd in the segments "Indices", "US stocks" and "Metals"
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