General outlook for the pair

The major trend is bearish, the pair moves within a corrective wave, and may continue to decrease in the coming months.

Daily chart

Trend : bullish ( price above the kumo ) but there is a bearish interaction between tenken and kijun.

also we can see a bearish divergence from the RSI.

weekly chart

we can see the bearish effect of the resistance 1.1260

Expected scenario : decrease and touch the level of 1.0660
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