We have a downtrend resistance line and Monday's resistance intersecting (blue circle) with price heading towards it.
If the price hits the blue circle, it's a good position to go short.
Follow the price action as it may bounce @ 1.104, 1.1016 and 1.101 and of course CPI later in the day.
Good luck.
If the price hits the blue circle, it's a good position to go short.
Follow the price action as it may bounce @ 1.104, 1.1016 and 1.101 and of course CPI later in the day.
Good luck.