Weekly Chart:
Bearish Engulfing Pattern cover the last two previous pin bars.
Daily Chart:
Friday closed with a bearish candle
Watch out:
1. There might be a retest @ area around 0.992-0.996
2. First support might be @ 0.987
Action:
Waiting for a retest and price action pattern to determine a short entry @ area around zone 0.992-0.996
Bearish Engulfing Pattern cover the last two previous pin bars.
Daily Chart:
Friday closed with a bearish candle
Watch out:
1. There might be a retest @ area around 0.992-0.996
2. First support might be @ 0.987
Action:
Waiting for a retest and price action pattern to determine a short entry @ area around zone 0.992-0.996