This pair has just been there, not doing the most. It trends one day and ranges the next.
A key point to note is that now, price sits on a strong daily support area.
We can clearly see rejections in this area, and we just need to see this current higher low to be firmly established on the lower time frames (H1, M30).
Once that happens, we could see more upside swings to the area of $2600.
A key point to note is that now, price sits on a strong daily support area.
We can clearly see rejections in this area, and we just need to see this current higher low to be firmly established on the lower time frames (H1, M30).
Once that happens, we could see more upside swings to the area of $2600.