Notching this pair we can see a possible formation of a doji monthly candle, the price is an overall downtrend and the price is testing the 71.8 Fib retracement level. As well as a confluence we have a bearish harmonic pattern formation. Therefore we can look for short entry on lower time frames if we will see the price action confirming our theory.
Harmonic PatternsTrend Analysis

Clause de non-responsabilité