The pair is trading sideways during the early Asian session and waiting for the price to be pushed upside or downside. The upper support would be a good resistance level before going to the downside. For a short term trading, The demand just formed last week would be a good quality level to buy with before the retest to the upside. Overall big picture trend or direction is to the downisde.
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.