This pair is currently on a bearish trend, but i expect it to go up before it resumes it's bearish trend. On H4 timeframe, there's a double bottom formed. If it breaks that neckline, that rectangular shaded zone, i will go long. If the neckline fails to get broken and continues to trade lower, i will go short on this pair. Happy trading guys.
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.