The pair is still trading in a channel.
Look for a pullback to support area around 1.5600-1.5430.
Wait for daily or 4 hourly price action signal to confirm.
If there is a big daily candle breaking the support, then we can use this support as resistance and look for selling.
Will update the trade idea on the next few days if I entered the trade.
Look for a pullback to support area around 1.5600-1.5430.
Wait for daily or 4 hourly price action signal to confirm.
If there is a big daily candle breaking the support, then we can use this support as resistance and look for selling.
Will update the trade idea on the next few days if I entered the trade.
We can also look to short this pair when it reached 1.7300 resistance, as usual wait for confirmation first.