Price is currently reaching the end of a bullish triangle. I believe it will reject the 200 sma and break out of the triangle, rising to the nearest resistance level for 80 pips. I believe after reaching resistance, price is most likely to drop and continue to respect the current down trend.
Please do not take this as professional advice. Trade this idea at your own risk :)
Good luck if you decide to trade this idea
Please do not take this as professional advice. Trade this idea at your own risk :)
Good luck if you decide to trade this idea