The currency pair has broken through the bearish trend lines and had the pullback to retest the trend line, As shown, I believe this will be a good opportunity to go Long as the trend reversal to expected to be bullish as per my evaluation.
There is a clear trendline on the 4hr chart and a clear LH and HH, so I believe we could find a 50pip worth of bearish movement to the downside, if the market breaks the trendline the bearish momentum will continue.
Hello Traders, According to my analysis it's respecting the trendlines and broke the Previous Day's High, also sites on top of 25 MA. so I see a clear long buy setup