It's not a pair that I would usually trade, but it's an opportunity!
I like this pair a lot, been keeping an eye on it a lot. Now, it could break either way - Above high ends of 25 areas we could get a break out and could take the pull back trade up to the next resistance. However, if it breaks to the lower ends, below that key trend-line up and if you were to put 200 EMA as well is there as well then bears are back in control and take the next support as your profit area.
Great clean chart!
Remember: it's just trade idea, not a recommendation
I like this pair a lot, been keeping an eye on it a lot. Now, it could break either way - Above high ends of 25 areas we could get a break out and could take the pull back trade up to the next resistance. However, if it breaks to the lower ends, below that key trend-line up and if you were to put 200 EMA as well is there as well then bears are back in control and take the next support as your profit area.
Great clean chart!
Remember: it's just trade idea, not a recommendation