Price attempted to break above our supply zone of 1.3700 but ultimately failed.
Trade Scenario 1: Bearish - For us to go short we need to see price break below our key weekly level and the 30min 200MA. We will then wait for a retrace and strong rejection off the weekly around 1.3660. Enter on strong bearish setups.
Trade Scenario 2: Bullish - For us to go long we need to see price break above our supply zone of 1.3700. We will then wait for a retrace and for 1.3700 to flip as support. Enter on strong bullish setups.