ADA/USD Downside – 22 Nov 2021

ADA/USD is moving to the downside aggressively now, holding below the 4H 50 moving average. The RSI is pointing to continued downside, and we are targeting the 61.8% Fibonacci level extension.

Downside Target: 1.400

Violated Above: 2.100

ADA/USD 4H Chart, 22 Nov 2021

Published by Tom Stewart

Head of data analytics at TradeProofer. Analyst at Opes Trading Group. FX enthusiast.

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