This pair has broken several downtrend lines on the 1hr timeframe and 4hr timeframe changing structure!
Cross of 8ema & 21sma still indicating upward movement.
We currently trade at a RETEST of Daily broken Trendline.
Double bottom as 106.200 holds at firm support
Target 50% Fib Retracement Level
Cross of 8ema & 21sma still indicating upward movement.
We currently trade at a RETEST of Daily broken Trendline.
Double bottom as 106.200 holds at firm support
Target 50% Fib Retracement Level