The counter is currently in a tight range of 1.6210-1.6310.
It has hit the upper end of the range and is coming down sharply.
Further, it broke the support of 1.62729.
Hence, we expect the pair to be bearish in the near-term.
It has hit the upper end of the range and is coming down sharply.
Further, it broke the support of 1.62729.
Hence, we expect the pair to be bearish in the near-term.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.