We're in an overall downtrend making lower lows and lower highs. We rejected the 1.44 area, which a large supply area. You can also see the clear rejection with the 4 hour pin bar. I shorted at the break of counter trend line. Targets are at around 1.40 because of the extension levels and it should act as a big psychological level.
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.