This APAC pair has consistently been plunging soon after break out of T1 with massive build-ups.
More importantly, leading oscillators like and slow curves began showing divergence with the previous upswings; we believe this as bears are getting active.
Monthly is currently trending at around 37.2223 that is showing downward convergence to the price dips, almost same is the case on daily as there is no convincing signals of oversold pressures.
In addition to that both on daily and monthly charts, slow curves touch oversold trajectory but there no trace of crossover at all and it gives us one more additional indication that the pair is unlikely to break above mentioned resistance in near terms for sure.
Prices on all time frames slid below 21DMA that keeps us containing more views on this pair, no surprise if it travels southwards for the targets around 75.746.
Thus, any breach of the above stated (82.620) would bring in the direction of next uptrend but until then we are certainly bias towards south as there is absolutely no signs of reversal signals.