After many months of bearish momentum the pair is approaching a possible buy level. We can notice as well the formation of a bullish harmonic pattern. We can look for buy opportunities as soon as the price reject the yellow bar level.
TP is set to the 61.8 Fib
After a long downtrend the price have formed a bullish pattern. The price is currently testing the Monthly lowest support level therefore we can look for long position on the lower timeframes.
TP 61.8 Retracement