The pair is still in the down trend (looking the daily chart)
Also we are really close to the levels of 11 Feb where the volume has massive spike forming a level of supply
On the 31 March the volume is again massive, even though the price move is not big at all, indicating accumulation and on the next 5 days the price is heading south.
I would watch level of 112.362 and I would place a pending order with SL higher than previous high or 114
Also we are really close to the levels of 11 Feb where the volume has massive spike forming a level of supply
On the 31 March the volume is again massive, even though the price move is not big at all, indicating accumulation and on the next 5 days the price is heading south.
I would watch level of 112.362 and I would place a pending order with SL higher than previous high or 114