On the Daily chart price has broken daily bullish structure therefore can be classed as bearish on the daily time frame. Price retraced to the 110.000 even handle where is has failed to close above creating a double top which will be confirmed at the daily candle close on the 07/02/2019.
Stop Loss placed above wicks, above the 110 level as if we get a close back above this level the trade will be invalidated.
Stop Loss placed above wicks, above the 110 level as if we get a close back above this level the trade will be invalidated.