At the moment the long term technicals is showing that there is a bullish divergence in this pair. While price is posting lower lows, we are seeing stochastics posting higher lows. In my opinion, once prize closes above the 15ema, there is a probability that the pair might head higher, possibly in the 0.966 region.
Founder of www.ProTradersNetwork.com, home of the TMG Titan traders who uses TMG Titans Pro Tools developed by Ardy.
TMG Pro Tools (MT4) includes: TMG Grid Master Pro, Titan Ranger, Grid Calculator, Titan Timer and TMG Livewire Pro
TMG Pro Tools (MT4) includes: TMG Grid Master Pro, Titan Ranger, Grid Calculator, Titan Timer and TMG Livewire Pro