On the hourly chart, I marked two levels to enter short position.
- 1.1610 is the recent resistance level, coupled with EMA100 above.
- 1.1640 might be the second rejection level, on which EMA200 stays now.
Stochastic points downside, RSI reversal also to be confirmed.
In the long-term, I still keep my short positions. Above levels might be good rebound locations, where short positions may be added after confirmation.
- 1.1610 is the recent resistance level, coupled with EMA100 above.
- 1.1640 might be the second rejection level, on which EMA200 stays now.
Stochastic points downside, RSI reversal also to be confirmed.
In the long-term, I still keep my short positions. Above levels might be good rebound locations, where short positions may be added after confirmation.