This pair is in a phase of consolidation but it has just crossed 13&50 indicating that we could see this pair move towards the Daily (Green).
This will be an area where I'll be looking to go short.
DRZ(Green Zone) = (0.97500-0.98050)
Furthermore, above the DRZ there is a Weekly which is even stronger than the Daily level. If the market decides to break above DRZ, then we could see the market head towards the Weekly .
(Red Zone WRZ)= (0.98450-0.99085)
This week I'll be looking for possible Counter-trend opportunities within this zone to the upside (Brown Area)