Momentum is bearish for this pair as it failed to break 170.1 yesterday, hopefully 106.90 will be retested again on Wednesday. Price bounced off quickly 106.4 on 29th and 30th April. Will look for a short term buy from 106.4 to entry on a RSI divergence to 106.8. However H4 candle closed below will void the entry
Happy trading! Sharing my personal analysis
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