It appears that the currency pair is consolidating, repeating the same activity which took place last year between June and Sept. If 148.000 support holds then it will look to retest 158.000 to 161.000 and if it breaks then bears win and hence deeper losses. Next support at 134.600
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.