On the Daily Chart, we got a break and retest of the ascending channel. This suggests that we may head lower with some bearish momentum . Going down to the 4 Hour Chart, we can see that there was a perfect test of the .786 Fib level (from most previous swing high to swing low), however price was trapped in the zone between 1.3333 and 1.3276, so if there is a break and close below 1.3276, we can expect the bears to come in the market with strong bearish momentum. * If you want to learn more about the .786 fib strategy, you can send me a message,