Based on a number of confluences, I am now short on this pair. Price has broke the ascending trend line
then formed a head and shoulders
pattern to the downside. Nice break and retest off the neckline. I am short since the break of the trend line
at the retest. I am short from the trend line
at the retest. ~.75 level looks to be our next target. Very strong level of support.
Risk Reward: 1:5
-Safe Trading and Best Regards