The pair has been in a large range of the last few months - typical in summer trading.
Strong resistance in the pair comes in between 1.1390-1.1465 which were previous swing highs showing confluence with the top of a mostly sideways channel.
Rallies to 1390/1400 offer good shorting opportunity for a move to the bottom of the range sub 1.0800
Strong resistance in the pair comes in between 1.1390-1.1465 which were previous swing highs showing confluence with the top of a mostly sideways channel.
Rallies to 1390/1400 offer good shorting opportunity for a move to the bottom of the range sub 1.0800