The counter has formed a head and shoulder in the short-term charts.
Also, it is formed at a strong resistance zone.
It has now broken the neckline and is just consolidating below it.
Hence we expect the pair to be bearish in the near-term and reach the support of 1.31964.
Also, it is formed at a strong resistance zone.
It has now broken the neckline and is just consolidating below it.
Hence we expect the pair to be bearish in the near-term and reach the support of 1.31964.