The counter has bounced off strongly from the support 1.31, after trapping the bears with a fakeout.
Now, it has taken down a bearish trendline as well.
Hence, we expect the pair to be bullish in the short-term.
The counter has bounced off strongly from the support 1.31, after trapping the bears with a fakeout.
Now, it has taken down a bearish trendline as well.
Hence, we expect the pair to be bullish in the short-term.