The pair is in a falling channel and has made a trend like move near the top.
It has moved above the cloud and I will be looking for a retracement.
The 38% retrace lines up with the cloud and could line up with the 100MA.
My entry will be price action confirmation off this point with a candle that closes in its ...
The 200MA has acted as resistance for 3-4 times now. I am expecting it will act as resistance again. The trend line also helps to confirm the trade. Although the MACD has a long-term positive divergence.