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LLOY: ⬇️ Sell
– LLOY reversed from resistance zone
– Likely to fall to support level 0.8000
LLOY recently reversed down from the resistance zone between the resistance level 0.8445 (former monthly high from August) and the upper daily Bollinger Band.
The downward reversal from the resistance level 0.8445 created the daily Japanese candlesticks reversal pattern Bearish Engulfing.
Given the strength of the resistance level 0.8445 and the overbought daily Stochastic, LLOY can be expected to fall to the next round support level 0.8000.
Source: https://fxpro.news
