Recommendations: SHORT positions below 1.3291 with 1.3230 & 1.3190 as next targets.
Alternative scenario: The upside breakout of 1.3291 will call for a rebound to 1.3350/1.3400
Description: The pair finds resistance at 1.3291. As long as this level holds look for further downside losses with risk towards 1.3230 & 1.3190 levels. An hourly close above 1.3291 will reverse risks to the upside towards 1.3350/1.3400.
Thanks for this informative article:)