I have a bearish bias for the next 4 hours. After that, I will re-analyze the current price action systematically. Currently, if the 1-hour candle (@post time) closes above 1.07160, it indicates that the Bulls are trying to gain control. If the price breaks down below 1.07060 within the next 4 hours, then the Bears keep on growling to control the Price.
My TP is set for 1.06930, with a defensive SL at 1.07300, ensuring that I’m not caught in the woods ; )—
