Market Analysis: The pair is trading inside a upward channel, also we can see a head & shoulder pattern formation on the move. If the pattern completes we can expect a downtrend to the next major support level.
Alternate scenario: If the channel resistance breaks we can see a uptrend to the next major resistance level. So lets wait and see what the market does in the coming days!
Alternate scenario: If the channel resistance breaks we can see a uptrend to the next major resistance level. So lets wait and see what the market does in the coming days!
