A short on the pair.
Looking at the pair from a weekly timeframe,we see the bullish momentum it had.It reached a all time high (resistence level) we saw how sellers came in all up until a weekly mid range zone. now we can see price is failling to break to levels which it has been consolidating on.
take it down a time frame we clearly see bullish und bearish trends and a daily mid range zone which prce has currently resisted in and a side way trend line showing resistence hence price is going short to test support on a daily.
take it down a time frame we clearly see bullish und bearish trends and a daily mid range zone which prce has currently resisted in and a side way trend line showing resistence hence price is going short to test support on a daily.
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