There is a very strong bearish trendline that hasn’t been broken yet plus we have a bullish trendline that has been broken and is currently being retested my prediction is that this pair will fall
We are currently on the 38.2 level am predicting a sharp bullish rally breaking the above trend line. Plus we also have a bullish Mainstream_Fx flag formation
My analysis is simple and basic as we can see we have a bearish flag formation and it’s approaching a strong zone we will be looking for a opportunity to short.