EA rejected major monthly level at 1.165 last month. Now I think it is making its way down to the monthly level 1.1535. This is long-term but it helps to know the main trend or all trends of every timeframe for that matter. If you look at the daily there is an inverse HS pattern, but my bias is still short due because I like to follow the Monthly trend. I think...
Too late for my liking to enter but heres a short from current level 124.75 to 124.24. Reason being, price rejected 125.7 and created a HS pattern on the 4H. Also clear LL and LH's on the 1H. Also below MA. Price could ultimately go to 123.8.
