-Price reached a major Resistance.
-Formed another area for entry.
-Looking for price to move into a downward direction and a candlestick pattern to also suggest the price reversing.
-Price has also created a 3 impulse pattern to further confirm a turn around:
-Price has rejected the 1.23820 on the daily chart twice. Can also see price relationship occurring between indicator and price action. Furthermore, price seems to lose momentum as bull candles decrease in value in the wedge:
-The 4H chart shows multiple rejections of TL resistance and the daily Resistance, bearish...
I believe the 1.1900 region looks promising before turning around. However, as brexit decision nears to October and the current sell pressure on the weekly chart, we would be looking to make a new low.