Long term bias of this pair is bearish
(based on 1W time-frame 61.8% fib level and Weekly supply and demand
zone). The red dotted line seen on the chart represents the weekly 61.8% level, and its clear that this is a sensitive area after price has tested it twice. So long as the 'Head' high at 0.87246 holds, there is a potential that a head and shoulders
is forming on the 61.8% fib level giving this move high validity!