Pair has finally dropped to head and shoulder neckline as I have been anticipating since last few days.
A day end closing below the neckline would mark a trend reversal in the pair. Major support then is seen at 0.7500 levels. On the other hand, day end closing above neckline would keep hopes of a rebound alive.
A day end closing below the neckline would mark a trend reversal in the pair. Major support then is seen at 0.7500 levels. On the other hand, day end closing above neckline would keep hopes of a rebound alive.