Trend is bearish as seen by the 200EMA above the 21 and 55 EMA respectively. stochastic is in overbought and an cross with entry into the trade zone ie. between the 75 and above the 25 will be another signal for possible short position. Price is retesting as it’s heading to resistanace at price: 1.06310, looking for price to retest resistance and then continue bearish move. target TP is at DM2/S1 zone


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