May see some consolidation around the 1.235. Overall a bearish trend on the weekly with the reversal candle stick formation at 1.25. Weekly fib retracement at the 38.2%
Awaiting Ma crossover on the Daily.
Waiting for any consolidation to occur on 4H and looking for key entry within the next few days.
Monthly uptrend to 1.89 & higher lows
Weekly: wicks rejecting 1.85 sensitive area.
Daily: Morning star formation at 1.84
Spinning top touching 8ema
4H: Buyers weak at 1.837 candle stick formations for drop to 1.82
Resistance at 1.25 range as well as spinning tops on the 4H.
Daily Timeframe was on an uptrend but broke support at 1.246, down trend on the weekly and monthly. Earlier today priced spiked to the 38.2 fib retracement and now expecting to fall down to 1.23.
