The major trend is upward and MA(20-50-200) shows us strong buy . Sellers became more weaker and then buyers push the price up. Then we can can see a throwback on 1.12963(50% Fibo in H4) . MACD is going to cross the signal line and stochastic has came form oversold zone. So we expect that the price will go up after this throwback...
We have a strong downtrend according to MA(20-50-200).The market is falling and lower lows are appeared.At the last 3 candles we can see long shadows that means buyers were trying to push the price up but they could not and sellers are in control.We expect the Continuation of downtrend.The targets has been specified through 3 points fibo level,Good Luck...