Hi Traders. My analysis on this pair is suggesting further bearish price movement with the possibility of reaching 0.71000. We have rejected off the daily 61.8 Fib creating an impulsive move on the 4h with the correction now at the 61.8 Fib on the 4h. All we need now is a bearish candle indicating more bearish behaviour or a pattern on lower timeframes.
Focusing on precious metals trading.