WLD currency price (WLDUSD) fell in the intraday levels, amid the dominance of the main downward trend in the medium term, while trading alongside the secondary short-term trend line, with negative pressure due to trading below the 50-day SMA, as the price readies to pierce the pivotal support of$1.28587183 with negative signals from the RSI despite reaching oversold levels. 

 

Therefore we expect more losses for the price, provided the aforementioned support of $1.28587183 was reliably breached, thus targeting the support of $0.49942978. 

 

Trend forecast for today: Bearish