I would expect a fairly large rejection from this resistance line - potential entry 1 for short position if confirmed... If this resistance breaks then we could see gains upto the top of ascending channel support before being rejected and returns to lower support of channel- next test of this lower support channel line is likely to break (Short Entry 2) and we will see drops towards previous support lines - Don't forget to set stop losses and wait for trend break confirmations! Good Luck! #Forex #Trading