Downtrends on monthly, weekly, and daily frames and price attacking key level at 75.
Lots of downside movement possible.
Expect either price to consolidate below 75 for a short OR price to retrace to 1H 200EMA for a short.
Either way it's a Tier 3 short because trends are aligned.
Fresh downtrend on monthly.
Downtrend on the weekly.
Downtrend on the daily.
Price ahead of key level at 127.2 which is likely to break.
A quick bounce to 129.87 area without a change in D1 trend would set-up a Tier 3 short because trends are aligned.