From our 4 hour analysis of this pair, it is clear that this pair is building up to continue it bearish dip. On the 3o minutes, we have begun to see clear signs of Bearish setup.
We are now looking to catch a trade on this pair.
As shown on the chart, I have created a trade setup. Entry will be at the break of the current low at 1.22431 and our profit target will be the 4 hour liquidity target at 1.20376.