This pair is still looking very bearish on all significant timeframes.
Ultimately we are still looking for short setups as the daily trend is still strongly bearish until a daily lower high is confirmed broken.
From the current level we want to identify some bearish setups as well as lower timeframe transitions. The sooner we can spot a potential transition the sooner we can get into a high probability trade around this level.
Look to target lower toward 115.500 and other major support levels
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