I have been shorting this pair for weeks.
The daily shows it is bearish but has already made a big move.
That latest retrace I stayed away from.
On todays review I see it has touched a new bear cloud on the 4 hr.
Always beware of flat bottom/top green lines. eg S/L on to other side.
On the 1 hr it looks bullish due to the run to the green line.
At this point I need to confirm the bull trend is over and maybe
the bear trend of the daily can resume.
In london monday mkt I will watch smaller t/f's to see the new trend.
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