As expected price is stalling 0.90500 level. I am expecting price to pullback to 0.86700 level because that a level with ton of confluence.
+ 50 daily EMA
+ 50-60% fibbonaci retracement
+ higher low
+retest of previous support of 0.86700 level
- big bearish H&S pattern
- weekly high test rejecting the 50 ema
The price has decelerated at 1.93400 level
Has not been able to break above 200 daily ema
- price has broken below rising trendline
- forming textbook H&S Pattern
- big bearish...