I would describe this ccy pair to be trading in a symmetrical triangle right now. To determine if should go long or short, will depend on which side does it close on the 1H timeframe.
This ccy has tried to breakout from the resistance twice now but both failed with a strong bearish candle following on the 1H timeframe. Hopefully the third time is the charm!
Do drop me a like and share with me your analysis!
This ccy has tried to breakout from the resistance twice now but both failed with a strong bearish candle following on the 1H timeframe. Hopefully the third time is the charm!
Do drop me a like and share with me your analysis!