One more push into a higher area will put us into a proven resistance zone. This pair has been on a huge rally. I could easily see sellers step into that resistance area.
On the technical side we have a bearish Harmonic Pattern on the daily time frame and MACD and RSI is suggesting buyers are slowing down.
I will add more thoughts as we get closer to the short zone below in the comment section.
On the technical side we have a bearish Harmonic Pattern on the daily time frame and MACD and RSI is suggesting buyers are slowing down.
I will add more thoughts as we get closer to the short zone below in the comment section.