We can see that the pair has been in a downtrend for a couple of weeks now but there's bullish momentum building up ( We cans see that from the price action as well as the Bullish Divergence itself) so a breakout towards the upside could be happening very soon. Personally I'm expecting one last minor push to the downside before a bigger move towards the upside which will lead onto the break of the minor downward trendline.
Trade safe and do your own due diligence before executing a trade.
For further details such as Entries, Stops etc. join us at:
www.valuedbusinessconsulting.com/
Trade safe and do your own due diligence before executing a trade.
For further details such as Entries, Stops etc. join us at:
www.valuedbusinessconsulting.com/
