I've been watching this pair for quite some time now. After seeing it fail to push to a new higher high, this pair became a range play. As it breaches my lower boundary at 1.0604, I am expecting the downside momentum to pick up.
Of course, this is provided that price does not make another attempt to trade above this level.
Of course, this is provided that price does not make another attempt to trade above this level.
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Disclaimer
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.