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.