Price has reached a previous strong level of S&R

٢٤ ديسمبر ٢٠١٩

As we can see price has multiple touches of the S&R since the beginning of November and failed to break. I’m shorting this pair back down to the 0.618 fib retracement level which lies smack bang on the ascending trendline. TP level around the 0.90340 handle