Description
⋅ D1 - Price has reached a key resistance zone.
Bearish hidden divergence followed by continuing bearish divergence.
H4 - False break with bearish divergence.
If the price breaks below the last low at 1.09283 with momentum I may then expect short term bearish moves to happen here.
Alternatively if the price moves higher breaks and holds above the key resistance zone then this bearish view will be invalidated.