The resistance zone of 1.07 to 1.08 has held so far, with a greater surge towards to 1.08 level. The pair eventually got pushed down. On a weekly TF, the pair looks to be inconclusive between bulls and bears.
However, as long as the resistance zone continues to hold, bears may start strolling in.
However, as long as the resistance zone continues to hold, bears may start strolling in.