Strong Bearish Signal: The price demonstrated a huge drop and totally absorbed the previous sharp rise, which shows the weakness of buyers now. Volume Zones: It is necessary to point out the level of support/lower limit of the local range 0.7327, which contains the large volume. The price is trading nigh this mark at the moment. Consider Short Positions: Given all these factors, we may regard a breakdown of the support level, which will allow us to open sales. The move must be keen and supported by the large volume, which will be a more precise signal for entering the market. A stop loss may be placed above the breakdown volume bar. Profit Potential: More than 90 pips.
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