The pair is trading inside a descending horn on the four-hour frame, where the pair was able to climb after rebounding from the uptrend levels almost as well as the support levels of 158.10, and currently reached the upper limit of the horn and rebounded from it and is expected to complete some bearish corrections before climbing again to break this Horn upwards.

We expect the pair to rise if the Horn levels are breached and close above the 4-hour candle, then it is possible to complete its ascent towards the levels of 160.70 and then at least 161.70.