The pair finds stiff resistance at 0.7350 (channel top).
Price action is on the verge of break below channel base on 1H charts.
4H 200-SMA capps upside.
Technical indicators have turned on intraday charts.
U.S. NFP will likely provide further impetus.
Good to go short on rallies around 0.7325, SL: 0.7360, TP: 0.73/ 0.7275/ 0.7226/ 0.7160
Moreover, the H1 shows the price is at the bull trendline. So this is the worst time ever you could have called the short :) LOL
It is likely that the mkt will turn down for a swing on the 4H, but not immediately. \
Furthermore it will likely find buyers above the Trading Range of late DEC and it will likely go up again for another leg