We may see a pullback move on this pair. Price will consolidates at the former resistance zone to grab liquidity to the down side before a bull momentum. That is one theory. Another theory is that its likely for price to go back to the ST-zone to test if there are still bears in the market.
What do i think?
let price pull back into the former zone of resistance,get confirmation and take trades.
What do i think?
let price pull back into the former zone of resistance,get confirmation and take trades.