1) Weekly time frame has shown 3 weeks price action.
2) Price has formed a with multiple rejections against key area of resistance around 0.90420 level.
3) EMA/MA crossover.
4) Break through mid range zone which has retested as resistance.
5) Price forming lower highs and lows on .
6) Break of with retest and rejection forming candle.
- Daily candle is looking good to close as a bearish engufling - let's wait and see.