This pair has an interesting set up. The price is on a downtrend, on his third structure, and making his third clean touch on the line, also in the old broken support (new resistance), and a .78 FIB level, with that three confirmations the prices has the strong enough to reach the support zone below (1.0796 and 1.0782) and then we will wait if the price make a bounce on any of the two support zones mentioned, or if the price manage to broke those support zones we will look for a bearish candle or chart pattern to enter a short trade.
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If you want daily complete analysis and quality signals, contact us on:
Telegram: @FedericoGallo - @Mr.Flawlezz
Instagram: @Forex_society