Ok, through the past 2 years we've seen a trail of the pair bouncing back the top resistance, 4 times to be precise. Leaving behind a big range, now it has broken out and retesting the previous support like it would fall. The red line represents the last higher high from the main bullish trend.
If it is broken, we can confirm the new bearish trend, falling straight to the next support located at 0.77000.
If it is broken, we can confirm the new bearish trend, falling straight to the next support located at 0.77000.