Price reached the high of the parallel channel and a strong resistance zone which might be an early signal of a bearish reversal. Notice the RSI divergence.
Consider a short-term sell if bears break 1.41224
Consider a short-term sell if bears break 1.41224
Note
After the impulsive bearish move and breaking the important 1.40072 support zone, market is now in a over-extended condition so I except a retracement move to the broken support and if bears could successfully manage to protect that area another bearish impulse would be expected 
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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.