A short for a couple hundred pips. Watch out for U.S. news at 8:30 AM Eastern Time US, Price has yet to form a strong bearish candle in response to the resistance contact. Keep in mind that this pair broke out of the resistance trendline of a relatively long-term symmetrical triangle. I believe this could be a profitable short opportunity nonetheless.
Decreasing MACD as price keeps moving sideways, more proof for a short.
Decreasing MACD as price keeps moving sideways, more proof for a short.
