Since December 2020, the price has been moving with a side trend, keeping the price between the at about 118.000 and the at about 116.200.
A couple of days ago it reached again the main resistance, failing the attempt to break the level and starting falling down with a strong downbar.
The price is currently showing us a possible signal and the next daily session will be essential to understand properly the next market movement.
The daily session closed with an interesting , the price is overbought and got a rejection on the .
I'm confident then, to see the price getting an upcoming movement until its next .
I'll be waiting the next h4 session before eventually start planning my short position on this trade.
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