It is hard to say for sure but it seems bear are taking control and willing to push price lower to 1.200. However, there need to be a clear breakout of the trend line completing the double top formation, followed by another breakage of the support zone around 1.226.
short term sell opportunity is after breakout of trend line and the support zone.
short term sell opportunity is after breakout of trend line and the support zone.
Note
Market moved as expected, now wait for and retracement and a nice entry point for short.
Trade closed: target reached
Target reached! Keep watching for another possible short entry if bears remain in control. 
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.