TF: 4 HR
Looking for a retest of the levels shown, if it confirms I may look to short. These levels align between the 0.5 and 0.618 levels and around the broken trend. Some other confirmation is the RSI showing some bearish divergence over the corrective price action from the large downward/COVID movement a few months ago.
Be cautious of price ripping back into the trend like some of the AUD and NZD pairs did last week.