Market Analysis: The pair is trading inside a descending triangle pattern. Now it has Reached the strong support level. So if the support hold at 76.700, We can have new uptrend to the next possible resistance level at 80.273 - 81.419.
Alternate Scenario: If the market breaks the support zone we can wait for the retesting of the broken support and enter into a short position to the target of next possible support at 73.096. So lets wait and see what the market does in the coming days. Cheers!
Alternate Scenario: If the market breaks the support zone we can wait for the retesting of the broken support and enter into a short position to the target of next possible support at 73.096. So lets wait and see what the market does in the coming days. Cheers!
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