Posted a H1 idea showing potential long but H4 chart also shows potential strong support in the area between 2.382 - 2.618 fib levels; this area has proven to be a strong resistance recently and may flip to becoming a support/supply level, provided it is reached. Confluence of fib/pivots is clear.
Comment:
Nice move off the 2.382, let's see if this bullish momentum continues
Comment:
Pair still range bound since early May, which allows for sell high and buy low. Long term, still looking to long this pair until 1.365. Best long entries would be between 2.382-2.618 Fib area, proving to be a strong support zone so far.