Price seems to get ready to challenge the key resistance level around 1.5500 anytime soon. A fake breakup might happen and then reverse drastically towards 1.5250 area. Now just wait for the price action.
Still waiting to see if the market will take out the longs above the trend line support. Once it broken, a Wash and Rinse will occur for downtrend until 1.9200.
Price is rejected after testing key resistance at 1.55329 - 1.55883, but now it too close to key support level. Waiting for price action or breakdown of this level to consider a short trade.
Price is at Fibonacci levels, but without strong key resistance level it might be a risky trade. Waiting price to test 2.0565 - 2.06240 and see the price action there to consider shorting.
Target back to 2.01238.
Watch out for 2.0291 - 2.02282