The pair is trading next to the rejection zone and historic trend line on H4 and D1. The zone has seen the price being rejected 3 times since April 14 and the trend line has been holding for some time. In my view if the price fails to break the trend line and pass below this zone, this will be good indication of a bullish move as indicated in the chart. Break below this zone will give a huge selling opportunity after retest !
Happy Trading 😊
Happy Trading 😊