Zoom out to the weekly time frame and you see a clear long term downtrend in this pair. Move down to the daily and we have had a new push lower and we have now seen a successful retracement. Plot a fib and the price has tested the 0.618 level and looks ready to drop. Excellent risk to reward opportunity...
IG: @craddocksfx | Youtube: @craddocksfx
IG: @craddocksfx | Youtube: @craddocksfx