Pivot point: 115.50
The expected scenario: Entering short deals at the lowest levels of 115.50, targeting the levels of 114.40.
Alternative scenario: Entering long positions at the highest levels of 115.50, targeting the levels of 116.40.
Comment: The price is trading below the 100-50 moving averages, noting the occurrence of a death cross, where the 50 average crossed below the 100 average, taking into account the presence of A liquidity flow indicator is near overbought levels, which suggests a negative outlook for the pair's trading in the short term.
