This pair is at a decision point where the Fib 61.8% resistance is intersecting with the bearish trend resistance. It appears to be struggling to overcome this combo-resistance.
Watch for a confirmed break of the short term trend support (red line) to enter a potentially lucrative short.
Position as shown has R:R of 4.59
Watch for a confirmed break of the short term trend support (red line) to enter a potentially lucrative short.
Position as shown has R:R of 4.59
