You can see that indicators are revealing bearish divergences as price approached the 1.85000 resistance level here on this 4HR chart.
If you were to also go down to the 1HR chart, you can see that there are also bearish divergences.
A retest of the resistance level of 1.85000 price area would make for a nice area to short this pair to between 1.83500 - 1.83200 price level if we haven't missed the train yet.
Should price close above 1.85000, this idea will no longer be valid.
If you were to also go down to the 1HR chart, you can see that there are also bearish divergences.
A retest of the resistance level of 1.85000 price area would make for a nice area to short this pair to between 1.83500 - 1.83200 price level if we haven't missed the train yet.
Should price close above 1.85000, this idea will no longer be valid.