Last week we had a doji
candle close easily identified on the weekly time frame, from here I have confidently taking a shorting approach on this pair. You can see here in this attached image that the doji
has appeared at a rejection of the monthly resistance; this early in the month tells me the next three weeks are heading in one direction. We can look for a target # around the 0.87700 level and a target #2 at the 0.86700 level. I am going short.