Looking to short this pair at weekly resistance (134.430). After this short, we will either see EJ make another lower leg or break this support line altogether. Current support levels at 133.49 and lower support at 133.160.
Comment:
We may actually see shorts at this current level. Price was not able to reach above resistance line, previous candlestick closed inverted hammer. Wait for confirmation before placing this trade, but looks like a good set up.
Trade active