This currency pair is having an overly extended bull run at the moment. As we can see, RSI(14) is indicating an overbought reading. This currency previously managed to survive the 88.0 round number and manage to go even higher. But take a look at these aspects:
1. A strong rejection on the 89.10 territory. The same rejection happened on 20th and 27th of July,...
You may want to look at a chart with a longer-term MA, like a 100-SMA or 200-SMA to confirm the change in trend. I'm not sure of which way it will go though so that is why I'm remaining neutral but I do think it needs to pullback a little bit before we see the Bulls return later this month. Let me know what you think. #LetsGetTheseCoinz