I have been observing this pair for quite some times now, from my little knowledge of how the market behaves,
This pair broke the monthly trend line and have been moving up ever since, making consistent higher highs, but there is a monthly/weekly supply zone ahead, I expect the market to respect the supply zone which is what it is currently doing and when it hits/touch the weekly trend line it will continue it's upward movement, hopefully break the supply zone, but if it fails to break the supply zone, and closes below the weekly trend line, then expect a heavy fall(SHORT). This is just for a learning purpose, so you can put this pair as one among your watch list. Have a wonderful trading days ahead
This pair broke the monthly trend line and have been moving up ever since, making consistent higher highs, but there is a monthly/weekly supply zone ahead, I expect the market to respect the supply zone which is what it is currently doing and when it hits/touch the weekly trend line it will continue it's upward movement, hopefully break the supply zone, but if it fails to break the supply zone, and closes below the weekly trend line, then expect a heavy fall(SHORT). This is just for a learning purpose, so you can put this pair as one among your watch list. Have a wonderful trading days ahead