On intraday chart the trend is still bearish, but the pair has reached the first wave (5) target, and having said that, we can not rule out a technical rebound that could take the form of corrective structure (ABC), but area around 6.950/7.250 should be considered a SELL OPPORTUNITY from the market. From the technical point of view, the scalpers could also try to take long (speculative) position, but first of all, a bullish impulse that will develop wave (A), should appear....and now trade your plan!!
If you think this analysis can be useful, leave a your comment or your LIKE!
Thank you for support and trade with care!