Pivot point: 1.1300
The expected scenario: Entering short deals below the 1.1300 levels, targeting the 1.1240 levels.
Alternative scenario: Entering long positions above the 1.1300 levels, targeting the 1.1380 levels.
Comment: The price is trading below the 100 - 50 moving averages, noting the occurrence of a death cross, where the 50 average crossed below the 100 average, taking into account the presence of The liquidity flow indicator is in overbought areas, which suggests the negative outlook for the pair's trading in the short term.
