Based on Daily TF the sentiment for this pair is down with a set up, which means a trade can be placed. The level that i am looking at is between 0.78280 - 0.78413 in an Hourly TF. Keep an eye for further developments.
Note
We are still for short!
Note
Having checked 30min chart, the level should start at 0.78240 and not 0.78280
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