I still believe that the pair is aiming to overcome the resistance at the level of 0.8738 and continue north. However, I think that this scenario will only be possible if not only the level is surpassed but also if the price consolidates above this threshold. For now, we have a moving average that is still providing some support to the north and support at the level of 0.8685. Specifically, breaking both supports and at least consolidating below them will indicate the cancellation of all northern ambitions and a continuation to the south. Wishing everyone a great day.
