The pair is now trading near the demand zone
. Now after the completion of the head and shoulder pattern, We can see a double bottom
which has been formed now. If the market sustains above the double bottom
level. We can expect a uptrend early. In case demand breaks wait for the market to reach the 61.8% level then can enter a long position again. So lets wait and see what the market does in the coming days. Cheers!