This pair has decimated the shorts over the past few weeks. I see more upside and will not look to short until the 1.55 level. This area coincides with a cup and handle
completion and a bat pattern
completion. Two charts are expected to complete at or just before 1.55. We may see a pullback soon but any good pullback should be bought up as I don't feel this is going to be the true top. Be careful on this pair moving forward. It's obviously very volatile.