After completing a 5 wave bullish motion, this pair is now in a corrective stage. This will present us with many trade opportunities following the ABC structure. However we are going to wait for the price to retrace fully before entering a long trade targeting strong resistance at 0.70428
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.