Not as clean to my eyes as GJ on the weekly. Weekly still pushed to a bearish close and percentage wise gave us a nice retrace from previous week's price action. On the daily our HH has printed and price looks to retest somewhere in the 1.2500s, the closest being 1.25818. There is a generous possibility we could test 1.2550/1.2500. On the 4H, GU is further along than GJ and looks to be setting up a retest early in the week near 1.28500 moving no higher with candle close than 1.28590 (h1 confluence).
*I am short this week but long overall at the current moment.
*I am short this week but long overall at the current moment.