And so, the instrument is under the control of sellers, who squeezed the price of 1.15890 - 1.16665. While the price is in this area of resistance, there is no need to think about buying. It is expected that the price movement would be limited by the specified resistance area. There is no need to expect a special upward movement; sellers will push the price down whenever possible.
Remember, there is no place for luck in trading - only strategy! Thanks for the likes and comments.