Accorgind to my monthy analisis:
I think this pair is bullish. Here on D1 chart we can see the price broke the internal and the medium term trendline.
This setup forms two "buy zones", so we must look for opportunities to enter long. We can enter at curret price or wait for a retracement for a best R/R ratio.
Price tends to reach the long term trendline also. We have a morning star pattern at main pivot point, this could be the beginnigh of a bullish rally.
Regards
I think this pair is bullish. Here on D1 chart we can see the price broke the internal and the medium term trendline.
This setup forms two "buy zones", so we must look for opportunities to enter long. We can enter at curret price or wait for a retracement for a best R/R ratio.
Price tends to reach the long term trendline also. We have a morning star pattern at main pivot point, this could be the beginnigh of a bullish rally.
Regards