The bias on this pair is pretty neutral for me as the price is currently in a range between 142.800 and 138.900
Currently price is sitting at WM2 and we can anticipate that the bulls will push the pair up to WPP.
Our stochastic is overbought on the H4 and the 21 and 55 can arguably taken as flat since the price is in a range . I'm not keen on taking any action currently but I'm looking to sell the pair at WPP which it resistance at 140.390.
The bulls at WM2 might push the price up to our desired position of going short . Our stochastic is oversold and its just a matter of time before bulls can enter. One must wait for the price to go up to WPP to get the perfect entry.