Hi, As you can see there is a strong level which is a good level & probably would make a retracement for the price
we need to see the first rejection then we have a good opportunity to get a trade
Good luck :)
8 period moving average has crossed above the 16 period moving average. Referring to a monthly chart this could be the dip in order for the long term up trend for this pair to continue.
Looking at the daily chart, a head and shoulders pattern has formed. The resulting neckline can be drawn in two ways:
1. Horizontal at 0.91 - in line with the left ...