Long term bearish trend
, with a recoil. A possible double top
on the 4HR depending on price's reaction at the 0.73688 level. Could break to the 50% retracement
level @ 0.7500 up to 0.7600 at the 61.8% level.
If price holds here at 0.73688 we could see it move back to the B level of the ABCD @ 0.7020...
Only time will tell