The Currency Pair has corrected from its top and made its all time low. The Pair has corrected from 8.92702 to 7.60559 and made a hammer. Next day the pair closed above the hammer indicating the buyer is willing to buy at this level and day after that again buying is seeing suggesting that the buyers are interested to buy the pair at this level and are expecting the pair to move higher.

The Pair is closing above the EMA's which is a good sign for buyers.

Macd crossover is seen at lower level and below 0 again a strong point.

RSI is supporting the price move as well.

Overall there is a buying opportunity seen.

BUY

Jul 27 2021

4