The chart has ranged over the past month but now broken below the 0.867 level. I am looking to get short on the retracement (looking for a good entry point on the one or four-hour charts), with a stop loss at 0.8777 and a take profit at 0.8200.
Price likely to drop in the short term, indicated by overbought RSI and hanging man signal, to resistance spot of 175.3. I am looking to take any profit at this point and look for a signal that may indicate a further drop or a possible rebound up to 189.