The price is APPARENTLY retracing back to the bearishing channel upper's line. This retest has 2 scenarios:
1. Might bounce back and go bullish for a while. 2. Might penetrate the channels upper line and go even more bearish. (likely to happen :) but its Forex so nobody knows for sure!)
* Short it to 1.04600. ** Trade on your responsibility. *** Follow me to get more of my ideas. GL