On the weekly timeframe we can see that this pair has pulled all the way back to a new resistance zone at 1.35500 The last two weeks have been extremely bullish so we are going to be cautious for looking at reversals here but it looks as though price could be heading for a rejection either at this level or the 1.3700 level.
On the h4 timeframe we can see that price has been in a steady uptrend. We will look for a retest of the 1.3500 level before looking for more long opportunities.
On the h4 timeframe we can see that price has been in a steady uptrend. We will look for a retest of the 1.3500 level before looking for more long opportunities.