Pair has lost it's volatility 2 months ago. We periodically experience impuls candle, like yesterday, but those are of less importance while in range area.
We can expect by end of month, break of range. Short break is more likely due few factors.
- Bearish pattern triangle
- Bearish long term trend
- Bullish dollar
Agressive way of trading is to short it immediately, but I am always waiting for break S/R. If price breaks to the upside, I am scraping short trade.