The battle between the multi year downtrend and the one-year uptrend has been won decisively by the LT downtrend. Recent weekly closes below 0.7625 level add clarity, however price structure and momentum triggers had already provided a host of evidence that confirmed an impulsive negative weekly outlook. Initial targets lie 0.7300
all the best with this pair in the run up to the New year and please remember to like and comment your views, they are much appreciated!
Cheers