We are currently under the highs that have formed.
This pair was sold on the basis of
1. Reaching the top of a channel that formed at the beginning of 2015 (Daily)
2. Price Action
3. The break of a (4h)
We could potentially see this pair reach 0.7500
Sold from 0.7695
Yesterday we seen a Bearish close which confirmed that there are still sellers within the market.
Our bias is still Bearish, if your currently trying to short wait for price action sell signals on any intra-day strength.