The pairs downward trend was interrupted by the downfall of the DXY last week,
the market reversal faced significant resistance around the 0.50 fib level at 14.73.
It looks that the pair will try to break the 200 EMA are around 14.10,
if it succeeds then the door will open for the s&r area of 1.1320
the market reversal faced significant resistance around the 0.50 fib level at 14.73.
It looks that the pair will try to break the 200 EMA are around 14.10,
if it succeeds then the door will open for the s&r area of 1.1320