JUST AN IDEA. The pair is currently consolidating in the 4 and 1 hour time frames, however it did close with a inverted hammer so we could see a move to the down side potentially, if it breaks the support if not then the upside would be a possibility.
On the higher time frames (weekly & daily) the pair is in a we can see a double bottom and also a trend line channel.
On the higher time frames (weekly & daily) the pair is in a we can see a double bottom and also a trend line channel.