All signs for a nice short entry and continuation of the bearish movement for this pair... With DXY looking bearish also it will move this pair further south. I will be looking to sell this at around 115.46 following the fibonacci retracement and because it matches the channel... Also we see a Bearish Divergence and MACD moving average crossover also happening.. Get ready for some nice profits!!!
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Trade cancelled... New reversal point is going to be 117.81 for me
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Trade entered at 117.81
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Short trade was completed @115.99.. bullish flag is forming looking for a long entry
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Wave C