Hi traders, my observations of this pair is that; a double top has formed at the upper resistance level and the pair is heading back down to the region of ~ 1.2800. So my conclusion would be to be very cautious of long trades at the current price level. Thanks.
Hi all, this is just an observation on the 4H chart for this pair. Not sure, but it seems like a diamond bottom is being formed.
What are your thoughts guys?
