Sell Limit Pending Order @ 111.947 SL @ 112.000 TP @ 111.000
On this time frame price has been ranging and has recently broken out to the bottom of the range. I plan on shorting this pair at the lower high, just below WPP all the way to the Weekly Target WS2 , Which has confluence with MPP where I expect trend to change. 21 EMA is below the 55 EMA indicating that market should continue to be bearish and Price is also Bearish
Price is ranging and stochastic is showing that price is oversold, this confirms that price should retrace back to Dailyh PP.