we have been declining on this pair however the past two days price was pulling back to my order block on the 111.000 area and price got rejected bringing about today's bearish engulfing candle. we came just shy of the descending trendline which i believe we will be tapping on the next pullback after my 109.200 target/ Monthly Support has been met. i will be anticipating my 147 pip move to be met and analyzing price for further selling opportunities or not :)
Trade closed: target reached