**Daily**: Recent price action find its support at the 1.759 zone after a bearish break at 1.7665. MACD is showing a bearish momentum shift. I remain neutral biases.
**4H**: As lining in the daily chart, both grey zone at 1.759 and 1.7665 area hold the S&R power, thus I expect the pair will be ranging in this area. MACD has crossed under 0 where the 200EMA is in an upwards motion, showing a buy signal here.
**What to do now? When to BUY?**
- Since MACD is suggesting a buy, I will look for a long entry on this pair.
- However, NO trade shall be enter in between two grey box at 1.759 and 1.7665 as I expect the pair will be in range for a while.
- Go long when a bullish breakout happened and wait for its retest.
Please trade in flavor to your risk appetite! Good Luck Traders!
**4H**: As lining in the daily chart, both grey zone at 1.759 and 1.7665 area hold the S&R power, thus I expect the pair will be ranging in this area. MACD has crossed under 0 where the 200EMA is in an upwards motion, showing a buy signal here.
**What to do now? When to BUY?**
- Since MACD is suggesting a buy, I will look for a long entry on this pair.
- However, NO trade shall be enter in between two grey box at 1.759 and 1.7665 as I expect the pair will be in range for a while.
- Go long when a bullish breakout happened and wait for its retest.
Please trade in flavor to your risk appetite! Good Luck Traders!