The weekly timeframe prevails as it shows this pair to be making LH and HL maybe this pair will drop down to the black line to form the next LH and also the C in the ABCD pattern.
200 EMA has now become below the actual candles showing possible bull takeover.
The 14 and 50 EMAs have also crossed showing potential downside on the daily chart.
The H4 chart shows uncertainty currently with long wicks and consolidation.
200 EMA has now become below the actual candles showing possible bull takeover.
The 14 and 50 EMAs have also crossed showing potential downside on the daily chart.
The H4 chart shows uncertainty currently with long wicks and consolidation.