Good morning,
overall picture has not changed much, market just gives us shallow hint on potential retracement. Since I mostly look for possiblity of B&B "Sell", there are two levels to use as entry ones. First is nearest 1.2827, and second is K-resistance 1.2911-1.2918. Taking into consideration the strength on downward thrust this could become nice oportunity if not to join long-term downward move, but at least get profit from B&B trade. Anyway it will let us to join the party safe.
4-hour trend is bullish, we see the same levels here. Also this could become perfect and rare 3-bar DRPO "Buy", if trhust was not been interupted by retracement. This 0.382 retracement in the middle of the thrust forces us to look at this DRPO with suspicion and probably treat it as LAL. But this is the only pattern that exists on 4-hour time frame, that could justify upward retracement.
Extension analysis on houlry chart shows that Fib extensions create two levels of Agreement with even closer levels - 1.2766 and 4-hour 1.2827.
Since we do not know what depth of retracement will be, I suppose that it will not be bad idea to enter short gradually with scaling in at 1.2766, 1.2827 and 1.2910 areas.