Daily candle inside the kumo suggest consolidation mode. Last three candles give us an approximate triple top and it ties up with kumo resistance and trend line resistance.Break of red trend line and break of RSI would be favoured for a short.Bottom of the kumo cloud or the trend line would be the initial target.Stop can be placed few pips above the major resistance.
Williams Vix is indicating short term bottom. Would like to see break of trend line and retrace.Fundamentally Euro is weak with Draghi & Co expected to do the work.Fed is expected to hike the rate in the next FOMC meeting.Divergent monetary policy favours to short this pair after re-tracement.
Heiken Ashi Candle and the linear regression channel indicating reversal on daily and weekly chart.Traders Dynamic Index market baseline also indicating overbought levels on daily and weekly.Fundamentally BOE has a dovish stance in MPC mins and RBA has removed few key dovish statements from its minutes.Any feedback is welcome.