On the weekly timeframe, this pair is following a bullish trend.
On the daily timeframe, we see that the price bounces on the same line as the weekly trend.
On the H4 timeframe, a steeper bullish trend than that of the daily and weekly timeframe.
On the H1 timeframe, we see some bounces off this H4 bullish support line and that prices may be reversing due to the bearish candles.
Currently, we are waiting on prices to fall to the H4 support line before we see any bullish moves up.
On the daily timeframe, we see that the price bounces on the same line as the weekly trend.
On the H4 timeframe, a steeper bullish trend than that of the daily and weekly timeframe.
On the H1 timeframe, we see some bounces off this H4 bullish support line and that prices may be reversing due to the bearish candles.
Currently, we are waiting on prices to fall to the H4 support line before we see any bullish moves up.
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