I have been studying Inefficiencies and order blocks while following this pair. Take a look at the setup
My prediction is that the price need to go down a little more to fill up the order block at around 1.4652 so the MArket Makers will mitigate out of their positions. After that it may continue with the uptrend (See the uptrend on higher timeframes).
We might...
Here we have Smart Money concept in play. first we had the distribution phase on the top prior to the markdown (sell-off).
After the selloff the price had been taking liquidity on the demand zone (bottom side).
the market shows a wyckoff accumulation (you can google Wyckoff schematic if not familiar with it), and based on that, the real smart MONEY MOVE is about...
