Pair is coming into oversold area as we also see in the RSI which is located near the number 70.
Our entry is located right at the 38.2% Fibonacci level (0.68250) with a stop at 0.68476.
The limit is 50 pips below due to the trend still being quite bullish.
Note: if the 4 hour candle closes above 0.68250 i will take the trade out immediately, as that would signal that the pair may continue higher.
