price broke below last months low at .65443 but shot back above and we are now trading between the previous months high and low (red lines). price has broken the descending trend line
and I am expecting it to push up further and test the last notable lower high at .6727 to hit retail stops and trigger any buy orders just above that price point. Another factor favouring the shorts is the daily liquidity zone (red box), from here price should reverse and continue in direction of overall trend on higher time frames. Good R:R at 4.5/1 but will wait for confirmation before entering.