Today, I expect a good activity on this pair.
A brief analysis of the current situation and trading plan.
After a strong impulse, the pair was able to ease up during the Asian session and stopped at the level of 1.1460.
And here's where it gets interesting.
The fact is that a local minimum of 1.1430 is to be broken ahead.
For this we need to tank up. That is what the pair will do during the European session.
I expect that the breakout will be over the level of 1.1430, and during the American session, the level will be broken.
Currently, the borders of disbalance are at the levels of 1.1520 and 1.1480.