It's very hard to look at this pair and determine its next move. What we are looking for is a slight pullback into the marked decision box before we can gather any ideas as to what may happen next. Personally we have more of a bearish bias, but in order for this to be confirmed, we would need to see the break of the small ascending trendline followed by a re-test of the key structure zone marked.
IG Client Sentiment - 52% buys COT Data Source - 51% short