The pair is currently in a pullback as it prepares for the next downward move.
The key region would be 144.75, if it broke, there will be more downside at 143.5. As of now, the price is being held back by the SMA 21 & 8 as it trying to converge. Once the SMA 8 crossover to the SMA 21, the sell off will be triggered as it confirmed the bearish signal.
The key region would be 144.75, if it broke, there will be more downside at 143.5. As of now, the price is being held back by the SMA 21 & 8 as it trying to converge. Once the SMA 8 crossover to the SMA 21, the sell off will be triggered as it confirmed the bearish signal.
