Multiple confluences at the 120.58 zone. Looking for price action at this zone to take a long position. Possibly an engulfing bullish candle.
Price is currently trading at a strong reversal zone. Multiple confluences at the 1.85 zone. A strong bullish candle could signal a move up back to the top of the channel 2.13 zone OR A clear break out of the inner channel would signal a long term downside move to the bottom of the outer channel. Sitting this one out until price action shows clear future direction.
Long term view on this pair is bearish. Pair is currently in a downward channel on the monthly chart Possible Kings Crown forming on the monthly chart. Could be triggered by Brexit deadlock. Price is currently trading at a strong resistance zone.
Long Term view on this pair is bearish Based on the ascending triangle formed on the monthly chart. In the short Term, pair remains bullish. Waiting on long term sell entry on the daily time frame