Although technically this pair is 'bullish' due to the higher highs and higher lows it has been putting in, there could be a great opportunity to catch a short trade all the way down to 1.950's. This area has many confluences and is a superb area of support.
If we break this level then we will have confirmation for a bearish trend as it will then have taken out the previous higher high.
Looking for daily price action before entering.
If we break this level then we will have confirmation for a bearish trend as it will then have taken out the previous higher high.
Looking for daily price action before entering.