On the weekly timeframe we can see the price managed to break through the upper level of resistance last week closing extremely bullish. We are now in a serious sell situation because of how over extended we are.
On the h4 timeframe in order to take orders with the trend we will need for a pullback at least to the 0.92700. Until price gets back to this area I will be looking for short term sells.
On the h4 timeframe in order to take orders with the trend we will need for a pullback at least to the 0.92700. Until price gets back to this area I will be looking for short term sells.