On this pair, we have an excellent Demand zone in which the price could create a bullish setup, and then we could position ourselves for a long trade. Perhaps in anticipation of tomorrow's data, which predicts a rate hike that will occur 99%, it could push the dollar higher and bring some strength back to the currency that has lost a lot of ground in the last three months.

Let me know what you think.

Have a nice trading.

Forex48 Trading Academy
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