However, the pair is facing the first horizontal structure on its way, and I am looking for a pullback short.
The RSI is overbought and I'd guess that some will be taking profits now.
With the massive resistance broken, I am not suggesting a mega swing short, but a retracement back to the broken line for a retest in the light of a new obstacle is possible. Trading is all about probabilities, so keep an eye on the price action around the current level.
We either turn back and then a short opportunity presents itself or the impulse drags us higher, and then even a long is possible after another breakout.
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