Price broke below the trend line that acted as support and has come back to retest. we already saw some rejections as you can spot two bearish pin bars.This indicates there are many selling orders in that area. I expect price to fall from that area
The pair is bearish in long term. and you can see price just broke out of that pattern this suggests continuation and we can further losses in this pair
expecting price to retrace at the highlighted mirror level then exploding downwards, so you can buy the pullback and gain some pips
but the major bias is bearish as the head and shoulder pattern comes to promise.
