Intra-Day S/R for the Kiwi

Well in here I have placed intra-day levels to trade the Kiwi off of (As many may know I don't really do intra-day trades, but when I do this is what I tend to look at for trade entries). Pivot points are weekly pivots. Simple structure trading. R1 is shares confluence with the Weekly 618 Retracement. Also marked are Fridays Daily High / Low which also share confluence with the Weekly Support the pair had found. A break below Friday's low will signal short entries, either on a close below or on a close and retrace of support turned resistance. Overall bias on the pair for me is to the short side, so I will trading the short side on the pair. One area of minor support below the Friday low is the Weekly S1 Pivot which if you look left does lay on minor support. So you can look for a retracement from the Weekly S1 Pivot to re-test the Friday low. You should also keep in mind the descending trend lines to signal any sign of intra day weakness in the pair, thus signalling intra day shorts. Also the Weekly candle closed as a grave stone Doji, showing strong signs of selling in the pair, which does signal to me the high probability of further selling in the pair for the week to come!

Notes:
DH=Daily High
DL=Daily Low
S/R=Support & Resistance

Another week has descended upon us, lets make it a profitable one! Happy trading traders! =)