Dear Traders, This is My Analysis on this Pair; Bullish
Momentum is back in the market and this is evident from the Bullish Engulfing
on the Monthly Timeframe
, however price has remained Bullish
on all Timeframes which means we can safely monitor lower timeframes for entries in the direction of the market.
Furthermore, I still expect a potential retracement to the 1.07500 level for a Continuation.