On the monthly timeframe we are in a downtrend and just broke below a key level. On the weekly timeframe we are at a low and showing some signs of sellers exhaustion. On the daily timeframe we are pulling back slightly but still in a downtrend. On the H4 timeframe we have the potential to make a LH but we are showing some signs of sellers exhaustion On the m30 timeframe we need a clear break through the moving averages before reentering on this pair.