On the weekly timeframe we can see that price is just consolidating between the 1.2900 level and the 1.2600 level. It is likely that we will see a reversal back into the lower level from here but just be aware that we are trading within a range.
On the H4timeframe as it stands now we are trending towards the downside. The best area to take a short opportunity from would be the 1.27700 level.
On the H4timeframe as it stands now we are trending towards the downside. The best area to take a short opportunity from would be the 1.27700 level.