No position here and out of my long positions for now. Price is struggling with an extended bearish resistance line from the major selloff in 2013, on the other hand it is respecting the bullish 1X1 uptrend line. If price is not rejected here we might even see the next leg higher up to 0.9640.
Apart from this often quoted horizontal 79.23 area I wanted to have a look at the deeper market structure and if there is a pattern in chaos behind these failed breakouts of a larger monthly/weekly base. No short-term solution here, a real reversal should show itself soon however.