Analysis also provided on the chart. Price has broken the uptrend. Will be looking for a retest and then a drop.
However, it is a weekly uptrend line which has held numerous times (both indications of it holding strength) so this may just be a fakeout.
What price does over next week should indicate what will happen.
Be wary of long positions in this pair over the coming weeks
However, it is a weekly uptrend line which has held numerous times (both indications of it holding strength) so this may just be a fakeout.
What price does over next week should indicate what will happen.
Be wary of long positions in this pair over the coming weeks