Currently this pair on going short . I set a short trade yesterday on the move of pips 250 pips short before the market closed . Curently this pair at 1.57053 level .This pair will move further short after a long uptrend progress previously , i,m looking at the 3 hr& 1 day chart to set a short trade with fibonacci analysis . trade going to short position as predict . Trade will progress at the fibonacci level for going short.
Going Short
TP 1 1.56000
TP 2 1.54308