Since the beginning of January 2021, the price has been showing few signs of weakness, it re-tested many times the at about 0.97800 and few days ago it finally broke it.
Few hours ago a nice downbar closed under the and there is a good possibility to see the price falling down until its next at about 0.96700.
Since the 27th of January, the price has been moving inside a , and I'm confident to see a new re-test of the level 0.97700 before collapsing down.
I'm already holding a short position and I'd be ready to open another position once I'll eventually confirm a pullback on the S/R zone.
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