The pair has been traded lower for the past two weeks, and currently, it concentrates around minor support level at 132.18 handles, although the market is upmarket on the long run, nevertheless, as the pair is holding below 133.50, it would be a good catch to trade a retracement from here if a break happens below 132.18 level and not before that to think of selling.
with that being said, the pair might go even lower to reach 128.30 as it has been supportive for weeks.
with that being said, the pair might go even lower to reach 128.30 as it has been supportive for weeks.