I think this is the best time for the BEAR. 1. Price near strong resistance. 2. Price near monthly trend line. 3. Price already retest. 4. Possible double top pattern in 4 hr time frame.
So this what i'm thinking.
I'm going SHORT in this pair. Entry : Around 1.60900 Stoploss : Around 1.61500 Take Profit 1 : Around 1.58900 Take Profit 2 : Around 1.57500 Take Profit 3 : Around 1.55100