There is a breakout on the monthly which is expected to close in 2days time and this suggest a bullish ride for the pair. Howbeit, we have a resistance on the daily and 4hr TF and a massive order block for the last high... We should sell from there till around 156.2 (weekly and monthly support) and watch out for an opportunity to buy from there. From which we...
There is an imbalance to be filled as we can see a massive selling pressure previously. Once there is a balance in the market as price is moving towards a balance, price must definitely touch the O.B that began the rally downward. We expect a bearish influence after the balance.
