This pair has offered numerous opportunities to add-on to this trade on the and its time to plan ahead for the next move.
Price has just run into some tougher structure and a pullback is to be expected before price can head on to its next upside targets.
The end on of the 3rd quarter is near so this concerns the next 3 months for this pair which is awesome to trade.
Looking at the Daily one can see that price is starting to be exhausted. Some profit taking is already happening and more will be taken
by traders that didn't get in from the start.
However, before one can consider a counter trend pullback trade a lower low is yet to be seen and a clean break-and- stay
away from the weekly and daily zones as well. As you can see on the Daily - price has been well supported until just recently.
I am interested to to buy the dip on this coming pullback and have highlighted my entry zone on the 3 month chart.