The pair is likely to shoot up to that 1.1940 - 1.1960 something area since we recently saw wicks on the last few candles on the daily chart closing above the 200ma signaling possible rejection atleast as according to me where i would be personally looking for sell opportunities in that area when reaches the 1964 resistance area where there is also a retest of a trendline giving it a bit of confluence .... some may also see this area as a second shoulder to a head and shoulders formation...but oh well do what you have to do ... Happy trading week :) (please like and follow and also constructive criticism is also welcome)
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.