Price is consolidating down nearing the 1.7 level, where price will hopefully react to his direction. Personally would love to see some extreme bullish bias to give an entry
A possible market high forming a relatively nice pin bar, however we would like to see this pin converted in a BEOB, with a strong close below 6.25. PA also has divergence for further confluence.
Though the market has not closed NY session, IF this sentiment holds and price closes below 95.00, then we could see a retrace back to 95.00, before resuming a downward momentum. Price having consolidating for nearly 3 weeks - maybe - is now showing it's hand.
