From today's high of 8.93787 the pair corrected till 8.83146 and then we saw a retracement  move till 8.8752 and from there again we saw a downward move which has corrected more than its previous low indicating change in trend. We are expecting the pair to correct more, any retracement till it doesn't break above 8.8592 we will be short on the currency pair.

RSI and MACD are showing negativeness as well, but they are near their lows and we can expect the pair to move high or can trade in a range.

There is a good chance for the pair to correct ahead. A bit of retracement would be a great opportunity to Sell.

Sell

Jul 26 2021

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