Still some potential to catch a nice little trade on this pair, this area we are at just now was my TP on a trade I set last week!
Wait for the retest of support as resistance then take an entry as suggested, of-course using your own entry criteria! Will be at least an M30 bearish engulfing for me.
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Dropping down to the M30 timeframe and we've had our retest, with a bit of bearish movement coming into the pair now. Like I said i'll be looking at entires on an m30 engulfing candle.
There are a few areas to watch for taking profits here but primarily they would be 0.70750, 0.70496 and 0.7617.