This chart has been in a correction for quite some time and it is repeating the pattern in a range again and again. You can see how in the chart above it has made two tops and now it is moving towards the third top and whenever a pair third top is formed then the chances of its reversal are greatly increased. And the Stochastic indicator is also showing us that the price is overbought.
So if the price goes to the third top 0.8859, then you can take a short trade. The stop loss of that trade is to keep 30 pips and the profit can be kept till 60-190 pips.
So if the price goes to the third top 0.8859, then you can take a short trade. The stop loss of that trade is to keep 30 pips and the profit can be kept till 60-190 pips.