Overall downtrend, price just bounced off daily trendline.
Price just hit the smaller 61.8% fib.
Stoch overbought on 1hr + 4hr
Taking the trade depending how the market opens (bearish continuation)
First target 101.500
Second target 100.100
BUY - I'm expecting a strong consolidation before a push upwards, also this pair is at a all time low so it would take strong fundamentals to downtrend further.
AWAIT BULLISH CONFIRMATION
BUY - I look await more market volume before entering this trade, I expect a rally upto resistance if R is broken then possible to go to 38.2 / 50 % fib