Two possibilities on this pair for next week:
1) Price might form a double top right at major resistance level. This give us an opportunity to go short, but we have to be careful about our targets, as there is a support level around 1.7002
2) If price reaches lower levels, there is also a Shark pattern that would be complete at around 1.69625 with fibs confluence between the 88.6 retracement (last major swing up) and the 1.618 inversion (BC leg).
Let's hope for the best and good luck to everyone!!
1) Price might form a double top right at major resistance level. This give us an opportunity to go short, but we have to be careful about our targets, as there is a support level around 1.7002
2) If price reaches lower levels, there is also a Shark pattern that would be complete at around 1.69625 with fibs confluence between the 88.6 retracement (last major swing up) and the 1.618 inversion (BC leg).
Let's hope for the best and good luck to everyone!!