#apt
The price is trading below the pivot point after failing to hold above 1.7080. The critical resistance (middle limit) is at 1.715, and the critical support for an immediate collapse is at 1.589. The Relative Strength Index is at 41.579, which is weak and neutral, allowing room for continued decline towards oversold conditions.
The failure of the price to return above 1.715 confirms that the downward pressure is currently dominant. The market maker is testing a consolidation area below 1.70. A break below 1.589 will be the critical signal.
1-Sell APT
Entry: Break and hold below 1.589 (lower limit)
Stop Loss: 1.663 (return above the current price)
Targets: First target 1.500
2-Sell APT
Entry: 1.715 - if touched and fails to break above
Stop Loss: 1.740
First Target: 1.663 (current price)
