Price Expected to Continue Downtrend.
Time Frame- 4H
1- Market Sentiment – Bearish.
2-Price Bounce Back at Resistance Level
Position :- Short
Entry Level :- 70.20
Stop Loss Level :- 71.50 (130 pips)
Take Profit Level :- 66.00 (420 pips)
UP Trend Maybe Continue if price break Above 71.50 which will leads to 73.00
Forex Trading is Highly Risky Business , do your own research and be aware of the risks and rewards. Always use Stop Loss.