price rejected 50% FIB, price broke strong support level of 1.2600 and came back up too test and hold as now resistance, two strong 4HR bearish candles 50ma over 20ma
Price broke strong support level of 1.2600 with strong bearish candle then cam back to retest it and it held as resistance, 20ma was acting as resistance on 1HR, entered after weak bullish candle rejected 1.2600 with a huge wick to the upside