Simple head and shoulders pattern has formed on the 4 Hour chart. Once the neckline support is broken, I'd say it's safe to enter short if you haven't done so already. Any minor rallies are worth selling into. Moreover, the uptrend line on the daily chart is now in danger of being compromised. In the event that happens, this pair has a long ways down to fall.
Trade ist aktiv:
Support has broken and the previous support has now turned into resistance.