The pair traded for about 17 days in the 1.80 range this year (including the spike into the high 1.90s). It should be easier for the pair to move back up there again. I won't short the top of the range, but wait for spikes above it.
交易進行
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You can see that EA is just reaching the upper margin of the bottoming zone. 1.61 is not massive support, but should give way to 1.59—60 area before a significant swing up.
交易進行
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交易進行
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May, or may not bounce from here. It has a number of support levels below that can come into play without breaking the long term up trend.