The course is still below its long-term downward slant (purple line on the graph).
All indicators are bearish.
We maintain to trade only during the short positions will be located below 1.23.
An extension of the course under 1.2250 will strengthen our bearish sentiment on parity.
Validation of 1.22 out of a signal then offer for sale a new extension of the downward trendto 1.21.
In case of return of the course above 1.23 so we'll wait a bullish break of 1.24 to adviseincoming / not treat more long positions in parity.
