Weekly:
Confluences
Down trend channel.
ABCD fib formation.
Evening star formation respected the 95.00 level.
Moving average suggesting a crossover to the downside.
Price action making lower lows and lower highs.
The Conclusion
Will price action bounce or break the 200 EMA?
Will Price action make a Lower High to the 92.50 level then the 90.00 level?
Confluences
Down trend channel.
ABCD fib formation.
Evening star formation respected the 95.00 level.
Moving average suggesting a crossover to the downside.
Price action making lower lows and lower highs.
The Conclusion
Will price action bounce or break the 200 EMA?
Will Price action make a Lower High to the 92.50 level then the 90.00 level?