Has not made any new lows, but is approaching major pivot of .73200
Good watch to see if there will be some sellers testing. But maybe a reversal if it breaches previous high of 0.73900 region.
Appearing to test 110.000 pivot. SR levels appear to be slowing down. Will likely bounce off resistance ceiling with buyers trying to break through and expecting momentum to push above with key pivots charted.
Hmm.. Divergence. Flag Pattern. Price hovering around support equals resistance.
What do you think?
The current trend is in a longer term downtrend with an extenuated progression down.
Interesting to see where this goes in a couple of hours time.
