Blue lines are the monthly key levels. the light blue are weekly key levels. the black lines are daily key levels. As you can see we are approaching a strong monthly level right now. We are also tapping off the 50 EMA. I'm looking for entries to short this pair. I will be keeping a close eye on how this candle closes today. If we close under 129 it could make for a nice confirmation to the downside. if it breaks the monthly level with good momentum, I will sit on my hands and re evaluate.
Cheers!
Cheers!