DislikedI'm with MizZu... I can't ignore the downtrend line that started on 5/1.. many people are expecting another rise and I think there may at least be room to run to the 89SMA, but I'd rather wait for TL penetration (and watch for a tail) before committing.
The price is squeezing down into a wedge, so we should be prepared for a breakout in the next 24 - 48 hours, but which way? This is often a continuation pattern, which would argue for an upside move, but these breakouts very often occur to the 'wrong side' first, then correct back to the expected direction. If that happens, we could see a downward spike from the false breakout before the real move to a new high. I'll wait to see if that develops before making any trades on this pair....Ignored
AFTAB
Time Will Tell & Price Will Show