The counter is in a long-term consolidation phase after a mammoth sell-off.
Now, the pair is at its bottom end of the range and has formed a double bottom pattern in the 30-min chart.
Hence, we expect the pair to move to the resistance level of 108.474.
Now, the pair is at its bottom end of the range and has formed a double bottom pattern in the 30-min chart.
Hence, we expect the pair to move to the resistance level of 108.474.