Reason for the trading strategy (technically):
Price has risen and is approaching our major . We remain looking to sell below 0.7459 resistance ( , horizontal overlap resistance) for a further push down to at least 0.7333 support ( , horizontal swing low support).
(34) sees a lot of resistance pushing it down really well.
Correlation analysis: We are expecting weakness with AUDUSD and NZDUSD both expecting drops.