There is a Cup & Handle formed in this pair which is visible on Daily and 1H chart nicely. The handle which is a Falling Wedge is in formation. Watch it and trade it responsibly and based on your risk management.
I start sharing my Weekly Index analysis for all major indexes. This will help FX traders to have a better understanding on the direction of future trades. Obviously, this is not THE ONLY way. But it should help improving our trading. PLEASE DROP YOUR COMMENT & HELP ME TO IMPROVE THIS WEEKLY POSTING.