Hi Traders, The higher time frames indicate we are in a downtrend. Price is testing key resistance at 1.28668 Level(Yellow). If price breaks and close below 1.28469(Green), we can enter in a short position for a possible target at 1.28270(Red) with a stoploss maintained above 50SMA. Traders with more risk appetite can hold this position till 1.27745(Blue). For queries comment below and dont forget to like and follow. Happy Trading....