Here on this pair we can see a good solid which seems to be respected. Also we have a structure which doesnt seem to be the best on this time frame but gets prevalent and straight forward when we go to higher time frames. Last but not the least. we can see the price making a lower high where as a higher high can be seen on the . Entry is also at the or the 886 if price manages to reach that level when the market opens. I am very weak in fundamentals. so i have no idea how the market would react on the interest rate decision going to come in australia on monday evening EST. Not sure if it would have an effect on this pair as well. Would be great if someone could enlighten me with that.
Also one thing that should be kept in mind is that there might be a possible bullish flag and break of the upper trendline might result in a big move up