Price is currently retesting at a h4 daily support and again retesting the swing lows on the ascending channel
Price is currently sitting at a daily resistance, created a rising wedge and has now since broken it to the down side, remain to see targets @ 1.62900
A break and retest out of structure next target @ 120.500
Break and retest of the current resistance we should be heading to the next resistance @ 0.920000
Price broke the resistance at 119.9050 and creating a new high after breaking previous lower highs on the 4h. also breaking out of a descending channel.
The pair is in a correction phase waiting to buy at the current support level or wait for the break out of the descending channel.