analysing the daily timeframe - we've been consolidating for around a month now however we're approaching a wedge in the market. It's also appropriate to take into account the fact that the 108.50 - 109.00 has been a significant level highlight in green. A close above or below this could give us sign of direction, as well as the two trend lines comes into direct contact. Im siding more towards a bearish continuation. We'll see how the pair plays out over the next few days.
SIMPLY AIRING MY IDEAS IN ORDER TO PREPARE MYSELF FOR WHATEVER PRICE DOES.