monthly resistance is close to this level also around this level we have seen previous rejection.
this week we will most likely looking to be finishing with a or a candle.
with this if we get another candle for next week we will have formed a which indicates a sell.
with all these confluences; 61.8% fib , resistance, (potential ) I am going to sell this pair. the other indication I will look out for after I have entered this trade is the cross over of the M.A's
entry - 113.700
stop loss - 115.500
Take profit - 104.300