This pair is currently in an Uptrend breaking the previous Daily (78.490) and moving 300+PIPS to the upside. The market is heading to an area that I consider to be Monthly (Brown Zone). I'll be looking to short in the brown zone.
Short term outlook is that I'll be looking for long positions towards the Monthly . Entries will be on the 1HR & 4HR Charts.
Monthly Resistance Zone- (83.540-85.370)