Based on Daily TF the sentiment for this pair is down with a set up, which means a trade can be placed. The level that i am looking at is between 0.78280 - 0.78413 in an Hourly TF. Keep an eye for further developments.
Comment: We are still for short!
Comment: Having checked 30min chart, the level should start at 0.78240 and not 0.78280