The counter broke the resistance of 105.8 but was unable to sustain above it.
It has then encountered a strong sell-off and has broken a bullish trendline.
Hence, we expect the pair to be bearish in the near-term.
The counter broke the resistance of 105.8 but was unable to sustain above it.
It has then encountered a strong sell-off and has broken a bullish trendline.
Hence, we expect the pair to be bearish in the near-term.