The up trend is over for me, but no bearish
sentiment either; the pair will just stay in a trading range for some time. A nice rally expected now, as the recurring support/resistance
forces along the Median Line
have come to cushion the abrupt sell-off decline. I admit I lost here - I didn't see it coming, although now I can see RSI
divergence was warning of a possible change in behavior. At best we'll see the price hit the 1.3382 level (alternate high plus the palate, ie. the bottom of the range at the recent top), making some kind of H&S
. But I may take profits sooner than that.