We have a very interesting scenario coming up for this pair, we have seen the range that has been active since 2016 (with the first hit of the mentioned support at 12-23-2016).
In recent weeks this pair has been going down like a rocket, propelled by the very strong Dollar.
Interesting to see what this pair does when it hits support, it is already flirting with the zone, with the current economic situation in the US (Trade war, meeting Kim Jong Un, FED) we could very well see a break of this zone, interesting to watch over the next couple of days/weeks.
In recent weeks this pair has been going down like a rocket, propelled by the very strong Dollar.
Interesting to see what this pair does when it hits support, it is already flirting with the zone, with the current economic situation in the US (Trade war, meeting Kim Jong Un, FED) we could very well see a break of this zone, interesting to watch over the next couple of days/weeks.