Price is at our key structure zone of 103.600 and is forming a falling wedge pattern on the 4h timeframe. Trade Scenario 1: Bearish – For us to go short we want to see price break below our structure zone of 103.600. We will then wait for a retrace and for 103.600 to flip as resistance. Enter on strong bearish setups. Trade Scenario 2: Bullish – For us to go long we want to see price break above the 30min 200MA with conviction. We will then wait for a retrace and price to find support around 103.700. First targeting our key weekly at 103.850.



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