EURUSD is currently trading within a descending triangle pattern formation. After the market has set the initial high around 1.108 level, we see a row of lower highs. It is a very good indicator of market exhaustion.
I will be waiting for a breakout of a descending triangle to short EURUSD.
Stop will be above the last lower high. T1 - 1.0980 T2 - 1.0935