Another shot at shorting the pair this week. The previous breakout was a false one. Yet, the pair did not have the strength to go much higher when being put back above the level. And the level is being tested again. I say, that there is a good chance of a successful short if the breakout is confirmed this time. Also, there is a head and shoulders pattern visible here.
So, wait for the breakout. If it happens make sure it is a confirmed one.Short after the retracement.