The daily/monthly time frame seems to be interacting with the trend line and the RSI indicates a possibles upcoming reversal. The price keeps continuing its higher low trend pattern, and in due course when the candles interact with the trend line , a buy option could be initiated.
- if the price continues to move below the 1.3000 mark then we can wait for further confirmation of a pullback
- RSI also shows to be oversold
- if the price continues to move below the 1.3000 mark then we can wait for further confirmation of a pullback
- RSI also shows to be oversold