Dear Traders, This is a screenshot of my Analysis on this Pair.
On the Monthly Timeframe, we have a retracement, but price is still Bullish from the Previous Month.
On the Weekly Timeframe, We have a retracement.
On the Daily Timeframe, Price has come for a retest of Demand.
I will be monitoring Price Action on the Daily Timeframe for a Bullish Close Today, After which we can Observe the Lower Timeframes for Bullish Trading Opportunities.
On the Monthly Timeframe, we have a retracement, but price is still Bullish from the Previous Month.
On the Weekly Timeframe, We have a retracement.
On the Daily Timeframe, Price has come for a retest of Demand.
I will be monitoring Price Action on the Daily Timeframe for a Bullish Close Today, After which we can Observe the Lower Timeframes for Bullish Trading Opportunities.