The pair is in the range of 131.15 - 130.30 in the uplink.
High-period EMA on the 1 H directed to the top, but EMA8 shows a downward slope and approached EMA20 for the breakdown and if the breakdown occurs, it will be a sell signal with the objectives of 129.90 (EMA200).
Alternative and seemingly more probable continuation of the situation is the rise to 131.15 and a break of this level with the objectives of 132.50 - 133.15.
Long-term sales are not considered to reduce and consolidate the pair below 129.75.
Long-term purchase also questionable, since the bulls are losing power.


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