As you can see we have marked out our support turned resistance level
on the chart ( green line ) and we have pointed out areas where this level has acted as a resistance on the daily timeframe
( purple arrows )
From here we can see bearish
movement after this pairing has had a very good strong bullish
run but has now hit that all important brick wall ( resistance level
This key level on the daily timeframe
is also a key level on the weekly and 4h charts.
We hope this analysis can help you.