On the Weekly timeframe we are still lining up a short opportunity that we spotted last week. We are looking for price to reverse and go to the downside. We are currently testing a resistance level at the 151.650 level.
On the Daily timeframe we can see how the trade is already lined up. Last week closed with a spinning top candle on the final day signaling reversal from the level it was at. We are sitting below the previous low and rejected it quit well. I am expecting price to consolidate more around this level then head to the downside.