Daily analysis
This pair has been stuck in a daily range between 1.099 -> 1.078
Currently it has just touched the upper boundary so a bearish reversal may take place.
1H analysis
The supporting rising trendline has now been broken with a strong bearish 1H candle closing below it.
IF there is a retest of around 1.09525
THEN look for selling opportunity with a target of <1.084
This pair has been stuck in a daily range between 1.099 -> 1.078
Currently it has just touched the upper boundary so a bearish reversal may take place.
1H analysis
The supporting rising trendline has now been broken with a strong bearish 1H candle closing below it.
IF there is a retest of around 1.09525
THEN look for selling opportunity with a target of <1.084