There is interesting opportunity on this pair.
Falling wedge and a fail break out to the down side from a flag which might lead to a double bottom and then the trend will continue to the up side.
I an waiting to see how the price will react to this break out, if we see strong buyers coming in this session we might get the trend to resume to the up side but if this a true breakout to the down side then this idea will fail.
Stay tuned!
Falling wedge and a fail break out to the down side from a flag which might lead to a double bottom and then the trend will continue to the up side.
I an waiting to see how the price will react to this break out, if we see strong buyers coming in this session we might get the trend to resume to the up side but if this a true breakout to the down side then this idea will fail.
Stay tuned!