The pair is currently trading in a global bearish trend. Looks like the bearish momemntum is slightly exhausted as it forms a double bottom on the 4H after testing the bottom border of the expanding wedge pattern. Looking to catch a bullish pullback in short term as shown in the picture.
Please do your own analysis before placing any trades.
Cheers and happy trading :) !
Please do your own analysis before placing any trades.
Cheers and happy trading :) !