Were expecting a pull back this week to the top of this weekly resistance zone, if we can see a break we will be looking to short on the descending trend line which is also the 50 Fib before were going to look to enter short.
We may be looking to go long on this pair up to the trend line before shorting however we will need confirmation on a lower time frame.
Disclaimer

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.