1) PA is on the top of the channel, 2) PA is touching the EMA100 (blue). 3) Stochastic is over the 80 level (K hasn't crossed D yet) and starting to turn. 4) Hidden Bearish Divergence.
Everything points to a trend continuation trade.
Very important news on the Dollar side, tomorrow and Monday morning.
Another pair to keep an eye on...
Trade active
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I took this one @ 0.71898 (SL @ .72807), and it just reached my 1st TP @0.70989 (1 RR) and I took 1/3 of the position. Did not move my SL yet.