Prices failing to break up the resistance 127.90 last week pushed prices down more than 300 pips to 124.40.
All oscillators are favouring an even bigger Bearish move but, remember that prices have dropped a lot already so a Bullish correction is expected.
My strategy is to enter SHORT at resistance 125.20 or at the break of support zones 124.20 / 123.87 and 123.44.
