Divergences Spotted and we are testing an important trendline support if the 1h candle close below the support the first target will be the blue rectangle.
First Target: 1.31850
On the techniqual side we have a Bear Flag Pattern.
We also had bad stats for USD last week.
SL above the Bear Flag first take profit in the first TP area and second TP after the break down of the pattern. If we hit our first TP I will change my SL and put it at a breakeven point.
After the break down of the HS a div appears on UT 15 and 30min which was followed by the up which re test the neck line of the HS as resistance.
We witness a pull back and a Rising Wedge pattern which should break down down way.