Price has just made a LH from the Bearish trend
where price bounced off the trendline to the pip. This pair has now formed a Doji
following a very strong bullish
movement which is showing indecision and the momentum weakening. A reversal here is high likely. The W1 TF formed a 'Hanging Man' Candlestick
last week indicating bearish
momentum could be following. Price is also sitting on a major H4 resistance line giving stronger confirmation of possible downwards movement.