On the weekly timeframe as expected we can see a large drop off from the weekly resistance level. At this point we can expect a retest of the 154.000 level before price continues to drop lower to the 150.000 level.
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On the h4 timeframe we can see that price is lining up to continue to the downside here. I would not take any short opportunities until we retest the 154.500 area.
Trend Analysis

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