The pair has been trading on a bullish trend and formed a double top on the key zone 1.
From that zone it started falling sharply and broke bellow the neck line at key zone 2 and it is now retesting this area.
If the price clearly rejects from this zone, I will be looking for shorts from that zone down to the key zone 3 & 4 areas.
Please do your own analysis before placing any trades and share your thoughts on this pair.
Cheers and happy trading !
From that zone it started falling sharply and broke bellow the neck line at key zone 2 and it is now retesting this area.
If the price clearly rejects from this zone, I will be looking for shorts from that zone down to the key zone 3 & 4 areas.
Please do your own analysis before placing any trades and share your thoughts on this pair.
Cheers and happy trading !