The trend is bullish. We will be closely monitoring the market below the zone of support and patiently wait before opening BUY positions and set our target at the zone of major resistance above.
I have another view to consider. I am bearish on this pair...
VIP_Trading_Technologies
⋅
@VIP_Trading_Technologies, Possible HS pattern, currently right shoulder nearly completed. If the pattern is valid then expect quite a bearish movement from the neckline (below 145)