The chart shows that one of the H1 candles breached through the level of 0.97500. The price then made a bullish correction. The breakout level seems to be working as a level of resistance. If it ends up producing a bearish engulfing candle, the sellers may trigger a short entry below the level of 0.97325.
Trade Summary:
Entry: Sell below 0.97325
Stop Loss: Above 0.97500
Take Profit 1: 0.97150
Take Profit 2: 0.97085
Take Profit 3: 0.96970


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