Take into consideration this rising wedge if you want to trade this pair.
Rising wedges usually breaks to the downside, but if it makes a breakout
to the upside consider the wicks of the candles as bull traps and always wait for confirmation before entering a position.
I think that we could possibly see a retracement from here between the 0.382 and 0.5 fib retracement.
If the breakout happens to the upside we can shoot for the resistance at 1.77677 as a target.
Rising wedges usually breaks to the downside, but if it makes a breakout
to the upside consider the wicks of the candles as bull traps and always wait for confirmation before entering a position.
I think that we could possibly see a retracement from here between the 0.382 and 0.5 fib retracement.
If the breakout happens to the upside we can shoot for the resistance at 1.77677 as a target.