Market has not even opened yet, and traders are already biased on this pair. In my opinions, we will have to wait for several daily candles to close to determine which direction this pair is heading.
It could either fall to the red support trendline, or rise past the current resistance zone to the next one, which starts at around 110.50.
Too early to tell for now.
It could either fall to the red support trendline, or rise past the current resistance zone to the next one, which starts at around 110.50.
Too early to tell for now.
