The pair is currently trading within a major support zone and a long term trend line which matches up as resistance. Prices are currently at the support zone.


This week we shall be looking for reversal buy signals in the lower time frames of daily and 4 hour, or otherwise, as price action directs.

Disclaimer: This analysis is for educational and general information only and not advice or a recommendation to trade or invest. Do your own research/analysis and don’t blindly enter trades based on the analysis.