Our last analysis not played as we expect it to be, The Bears are losing hope to break our lower Trend Line, The Bulls retake control of The Price now, forming a Perfect Engulfing Candle signaling a rally to the upside.
But the Bulls still have big obstacle ahead of Breking our next Supply Area. if The Bulls succesfully Break this zone, and then we can be sure that A Trend Change might be happening next.
I'm Still Bearish on this pair, Because if we look at the bigger picture, The Chart Pattern keep signaling for a further Bearish Pressure.
If you like an update of our analysis, please consider to follow. Stay Safe, Stay Green Brother,
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