The pair should be going up currently in its downward channel to retest, however it is in an area of high sell pressure that it has struggled to overcome 2-3 times in the past. PA shows bearish RR at above the resistance, should it break further we go SHORT below the previous wicks.
If PA signals up then we go LONG up to the upwards trendline and continue back down for a mid week reversal.
If PA signals up then we go LONG up to the upwards trendline and continue back down for a mid week reversal.