H4: The situation on the chart remains unchanged. The currency pair remains in the overbought zone and is showing a moderate pullback. The overbought zone acts as resistance across its entire range, often leading to corrective movements. From the current levels, we expect a decline towards the daily supertrend line. After that, the price may resume its upward movement.
Trading decision: SELL 1.0930, SL 1.0950, TP 1.0820.