Good evening traders. Our institutional research has identified some key levels where traders are eyeing to get short. Resistance begins at the 1.0468 level and goes up into the 1.05/1.052 area. With this pair being in a downtrend a pull back up to either of the areas marked on the chart would represent overbought conditions where institutional sellers may be looking to get short. That being said, the latter zone would be more conservative. Use a 30-40 pip stop loss and look to get whatever you can on the profit side. Good Luck.