This pair is displaying a bearish sentiment overall on the higher timeframes.
The H4 timeframe attempted to create new highs and left some rejection wicks, failing to break resistance.
The 30min timeframe displayed a clear push to the upside which is the only timeframe to create a solid bullish move
with this in mind, the more probable result is for the bearish sentiment to continue overall.
Targets are set at the most recent daily lows.
The H4 timeframe attempted to create new highs and left some rejection wicks, failing to break resistance.
The 30min timeframe displayed a clear push to the upside which is the only timeframe to create a solid bullish move
with this in mind, the more probable result is for the bearish sentiment to continue overall.
Targets are set at the most recent daily lows.