The counter is currently in a descending channel pattern.
As you can see, the bullish rallies in the previous instances have been steep. And it is also steep for now.
Also, it has moved past a critical price action level of 1.10275, which support the price action in the near-term.
So, we expect the pair to move to the top for now.
As you can see, the bullish rallies in the previous instances have been steep. And it is also steep for now.
Also, it has moved past a critical price action level of 1.10275, which support the price action in the near-term.
So, we expect the pair to move to the top for now.