Possible downward movement of the pair. The price is currently in an upper limit zone for trading with significant volume, making a rebound to the 55-period EMA, fundamental in my strategy for the analysis of possible continuation of trends. We see a change in directionality in the Squeeze Momentum and a major development on the mountain of the MACD histogram. Accompanied by the weakness of the previous bullish bounce to the EMA, shown in the ADX with a negative slope, together with a possible selling pattern shortly in the MACD lines. RSI a little with loss of its positive slope, could accompany the movement. I think it could hit the lower trading zone with significant volume or continue its trend at best.
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