There is a buying opportunity seen in the currency pair, the currency has corrected from the higher level following the BB.  The Pair has followed the BB very well. Recently the pair has touched the lower line of the BB,i.e.2 sd, at lower level the pair has made a shooting star indicating buyers are interested to buy at this level.

We have seen divergence in the currency pair, the commodity has made LL and the RSI has not followed the price.

The pair is following the fibonacci level as well, and can expect the pair to trade till 0.618 level.

Advice : Buy if the pair close above previous high.

Buying Opportunity

Aug 21 2021

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