The pair has just bounced in a major trendline. I'm expecting the pair to drop towards the lower trendline but it will be ideal to take partial profits as soon as it touches the support level in 20 pips. However, in the long term, this could be a very profitable short swing trade with a very good risk/reward ratio (30 pips SL).
All indicators and oscillators are supporting the sell idea.
All indicators and oscillators are supporting the sell idea.