After a massive false breakout to the upside last week, we have dropped back inside a descending channel. Of which the candle stick on all time frames before market closure, has rejected the bottom. This means we could expect a pullback to 1.73000 (top of the descending channel) or the middle of the channel before continuing a bearish move downwards.
Our bias is long before a bearish continuation; as the graph shows. However, this is simply a premeditative view before the market actually opens. ***Market is currently very volatile***