On the daily time frame pair is trading in an uptrend and on retest the key level
of resistance a dozi candle was spotted which signify the weakness of sellers.
There is a confluence of fibo retracement and rising trend line test.
Analysing the 4 hour chart a Inverse head and shoulder was spotted .A break of the
neckline signify bullish momentum.
of resistance a dozi candle was spotted which signify the weakness of sellers.
There is a confluence of fibo retracement and rising trend line test.
Analysing the 4 hour chart a Inverse head and shoulder was spotted .A break of the
neckline signify bullish momentum.