Price rejection on Friday at the 1.265 level, along with the 50MA rejection Potential reversal back to the downside
Friday's price indicated a bullish engulfing candle after price rejected the support of .72 Confirmation of trend with 50MA
Bearish sentiment on this pair Although pair is on consolidation, price was rejected twice around the 1.71 as a double top formation
Friday's price was a major short rejection at the .99 level as downtrend continues Price closed on Friday right on the 50MA
