Monthly: Bearish. Market is consolidating at the moment. There is liquidty at 1.2500 area that needs to be grabbed.
Weekly: Bearish. Market is consolidatnig as well.
Daily: Price is at the Point of Interest (POI), and price seems to be making a rejection.
H1: Market made a Break of Structure (BOS) which acts a confirmation for market to drop further. Waiting for price to re-enter the POI zone before we can place a trade.
Entry: 1.2765
SL: 1.2800
TP: 1.2500