On the weekly timeframe
we still are overall very bearish
. Down to the daily we are testing a serious level of resistance. Price has yet to close above the 140.000 level. I will use the H4 timeframe to look at market structure. On this timeframe we are retesting the 100% level on our fibonacci. We are shaping up for a nice short opportunity as the moving averages have already crossed. We will look on the M30 timeframe in order to take short entries.