provides a potential level is around 110.900. I will wait for the market to reach 110.900. If the market gives me confirmation signals, I will decide should I short the market. Please follow me if you want to know my trade ideas!
The price is at the channel resistance area, it is also forming a double top pattern. The pattern it is forming seems like an ascending channel(bearish) to me. It is highly likely it will break to the downside!