Flow/USD currency price (FLOWUSDT) edged lower in the intraday levels, amid the dominance of the downward trend in the short term, with negative pressure due to trading below the 50-day SMA, coupled with negative signals from the RSI despite reaching oversold levels, with the price thus readying to pierce the pivotal support of $0.469.

 

Therefore we expect more losses for the price, provided the aforementioned support of $0.469 was breached, thus targeting the next one at $0.347.

 

Trend forecast today: Bearish