Nice bearish pin bar formed on daily chart and lots of smaller pin bars rejected the resistace lines. These pin bars are also formed at 50% fibo level.
The price may move up to 1.6430/40 and move down again.
The price may move up to 1.6430/40 and move down again.
Comment:
Price dropped to 1.6250...wait for flag and sell the breakdown
Comment:
The short trade is still valid.