In the previous week the pair formed a double bottom pattern and bounced bullishly off the support.
The double bottom coupled with bullish divergence on technical indicators suggests an uptrend in the coming weeks.
Expect a pullback towards weekly support on market opening ,from where we can open buy orders.
The double bottom coupled with bullish divergence on technical indicators suggests an uptrend in the coming weeks.
Expect a pullback towards weekly support on market opening ,from where we can open buy orders.