The pair broke its 3 month upward turn around the 1.3665 area and followed a steep fall until last Friday.
It has been oversold for more than 600 pips and it found support around the weekly trendline and s&r are of 1.3080 -1.31.
We can wait for the pair to retest again the 1.3080 area and it could be a clear BUY position.
It has been oversold for more than 600 pips and it found support around the weekly trendline and s&r are of 1.3080 -1.31.
We can wait for the pair to retest again the 1.3080 area and it could be a clear BUY position.