This pair is approaching an area of interest. It is defined by recent support area turned resistance and the .50 retracement of largest move up. In this area, I will look for price action to distinguish whether or not it will continue down or have a larger pullback. This area is from 1.59 to 1.60. We discuss this in the Weekend Preview. Check it out here: youtu.be/jH2ThABeiT0
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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.