A couple of opportunities in this bearish pair. For breakout traders, you can see that market is putting in a wedge pattern. Typically the market coils up and breaks to the downside. For advanced pattern traders, well there is a gartley pattern opportunity if market can push up to 118.37.
Either way, Im predicting that we can see more downward movement on this pair. We may see an opportunity to get involved in this during our London Live trading room tomorrow!