this pair has been very bearish for some time and its still going down! here we have a textbook setup for a sell opportunity. a super clean head and shoulder pattern on the daily TF along with a break and retest of the neckline of the head and shoulder pattern. Also we can see Lower highs are being created allowing for a bearish trend line to be drawn. i would love for price to push back up to retest the previous daily resistance around 0.89400 for a very low risk entry but if not i will wait for the next best entry available.
this is what i see and how i see it, use your own judgement, proper risk management, and let the trade come to you
Chart PatternsTechnical IndicatorsTrend Analysis

Penafian