H4 - I expect the pair to provide one more leg lower, to reach the H4 chart channel. Short term sell opportunities are present.
H1 - Potential double cycle up, price reached the 61.8 fibo level and is moving lower.
If the price breaks below the uptrend line, we may consider this as an evidence of bearish pressure and start looking for short term sells.
H1 - Potential double cycle up, price reached the 61.8 fibo level and is moving lower.
If the price breaks below the uptrend line, we may consider this as an evidence of bearish pressure and start looking for short term sells.