FROM A DAILY STANDPOINT THE MARKET IS LOOKING BULLISH BUT IT IS COMING TO AN IMPORTANT RESISTANCE AREA. ANOTHER CONFLUENCE WOULD BE THE 200 EMA ON THE DAILY. SINCE WE ARE UNDER THAT EMA WE SHOULD BE LOOKING FOR SALES. ALSO KNOWING HOW THE 200 EMA WORKS IN REGARDS TO SUPPORT AND RESISTANCE WE KNOW THAT IT ALWAYS COMES BACK TO TOUCH THAT MOVING AVERAGE ON THE DAILY. SINCE THE COVID-19 HAS DROPPED THIS MARKET OFF SO FAR DOWN WE ARE HAVING A REBOUND AND LIKE I SAID, PRICE ALWAYS COMES BACK TO TOUCH THAT EMA. MOVING INTO THE 4HR TIME FRAME, WE CAN SEE A CONSOLIDATION BETWEEN .65639 AND .63833. NOW MOVING INTO THE 1HR TIME FRAME, I CAN SEE A POTENTIAL RISING WEDGE. I AM LOOKING FOR A BREAK OF THAT WEDGE TO THE DOWNSIDE BUT KEEPING IN MIND THE BULLISH PRESSURE FROM THE DAILY TIME FRAME.