Palladium - Technical Analysis: Monday, 15/09/2014 09:28 GMT
Bearish correctional wave begun by breaking the bullish channel’s support, and continuous negative pressure on 38.2% Fibonacci level for the rise that appears on the image.
Negative signals come from the exponential moving average 50 and stochastic to support breaking the current areas to target the next correctional level.
Trend
Bearish