A head and shoulders pattern looks to have formed on the 4h timeframe, with the pair moving back into a prior range. A break of neckline would give another selling opportunity if previous move down was missed. We also have some divergence on the RSI. First target would aim for .236 fib level, back to the bottom of prior range. A significant break of .236 fib level, out of range, would signify a more predominant move down. If price moves above critical level, at upper end of right shoulder area, then trade would be invalidated in the short term and a better entry should be pursued.
This is just my view of current conditions! Good Luck!
This is just my view of current conditions! Good Luck!