Still no major changes with this currency pair. Looking for some short opportunities. All the majors had some correction this week so far, will see if it changes tomorrow or only next week. Outlook on all those pairs is still very bearish.
I have marked recent swing highs as those areas most likely will be the zone of reversal. One could go short at the current price with a tight stop loss above the recent high marked with an ellipse, however I would wait for tomorrow morning to see if the price doesn't go higher as probably there are some heavy stops that has to be taken out.
As for 1st target I would choose 1.5550 - 1.5500 price level. 2nd target 1.5400
This trade idea should be cancelled if week closes above 1.5775.
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