Still some more upside before i see a trend change in this pair. I would like to see EMA 12 and 36 cross before we can even start thinking of going long (on a weekly basis)
Still we have a short term nice setup with a target @ around 1.11 (Weekley demand zone) Take entry ASAP on Pacific session, since the train left the station already (FIB38) :)
This is the retracement from the supplyzone down to the minor demand zone!