It seems to me that this pair is trading within this wedge formation.
I do expect a fall for the next few days/weeks and then a bounce.
If it manages to rally longer term towards 163 164 then this wedge could be confirmed and then we might see a bigger drop.
For now the focus is on the upcoming down move.
This is only for educational purposes only.
I do expect a fall for the next few days/weeks and then a bounce.
If it manages to rally longer term towards 163 164 then this wedge could be confirmed and then we might see a bigger drop.
For now the focus is on the upcoming down move.
This is only for educational purposes only.