Price structure is showing a divergence with MACD, and also forming a diagonal pattern.
We are expecting the correction to unfold soon with a potential target at 1.5299 area.
*Disclaimer - This analysis alone DOES NOT warrant a buy or sell trade immediately. Before you enter any trade in the financial market, it is very important that you have a proper trading plan and risk management approach.
The sharing of this idea is neither necessarily indicative of nor a guarantee of future performance or success.