A new lower high has been formed on the daily timeframe.
Looking at the weekly timeframe, we can see a clear bearish Engulfing bar testing the resistance level.
I would be expecting to go short on this pair after seeing a clear signal on the 4hrs Time frame
Looking at the weekly timeframe, we can see a clear bearish Engulfing bar testing the resistance level.
I would be expecting to go short on this pair after seeing a clear signal on the 4hrs Time frame