The EURSGD currency pair continues to move within the downtrend.
After the minimum set of 1.5062, the Harami pattern was formed which is a prerequisite for a reversal or at least an upward bounce. The RSI reverses from the oversold zone strengthening the signal.
The target is 1.53, a line of the downtrend can be tested in case of success.
This content is for informational purposes only and is not intended to be investing advice.
