Short term trend is down. The price is retesting the broken rising trend line shown on chart. In addition to the short term falling trend line for the bearish wave.
I have shorted a small amount. Be careful of the high margin requirement and spread for the pair.
All my ideas are just my personal view. Trade Your own view.
I have no incentive to post if i don't get enough support from you. Likes and comment.
You can SKYPE me at : Technician - The Forex Channel
My Regards,
Technican