I checked this pair on the 4HR timeframe and we have upwards momentum. Buyers zone, we had a beautiful pullback on a smaller timeframe hinting an uptrend, but news last friday had a whip to the downside for abit.
Since the big news we had failure to carry on and break below new levels, we have now a 15 minute divergence as shown on the chart currently.
COULD be signs for buyers again to takeover, however we shall see what happens.
Since the big news we had failure to carry on and break below new levels, we have now a 15 minute divergence as shown on the chart currently.
COULD be signs for buyers again to takeover, however we shall see what happens.