Last week we started our week considering a bullish bias, and price almost made it to our first target before it took a turn.
In this week, as the price is trading below a key resistance at 1.3128, we'll be looking at bearish formations in the pair.
If we get a pullback and test of 1.321 price zone, we'll look for bearish opportunities with our target set at 1.2941 price zone.
If the price breaks our first target, we'll be looking at our next target at 1.2831
In this week, as the price is trading below a key resistance at 1.3128, we'll be looking at bearish formations in the pair.
If we get a pullback and test of 1.321 price zone, we'll look for bearish opportunities with our target set at 1.2941 price zone.
If the price breaks our first target, we'll be looking at our next target at 1.2831