Ok Traders, We would Like this pair to go in the area of 1.31451 - 1.32032.. When The prices reach that area we will look into price action to sell this pair.
Were Looking at the Price action once the price reach @ 70.747..
Once we see a rejection in that area. We are going to short
Short @ 70.747 Level
TP @ 69.262
Possible Entry Points for SHORT:
1st Entry Point : 1.17480 Area
2nd Entry Point : 1.17977 - 1.18297 Beyond that is Reversal / Stoploss or your Buy Stop Hedge.
3 Possible TP:
1st TP : 1.16315
2nd TP : 1.16440
3rd TP: 1.15745
We are aiming for a pushback nextweek before the major drop..