On the 4H time frame the closing candel under the Moving EMA 21 and the probability of testing the EMA 50 and 100 at the Fibonacci support line 0.382 at 0.68350 or might drop below at the Fibonacci support line 0.5 at 0.68050 until the rise on the daily frame in an upward direction to close the weekly candle positively which will be the first weekly candle to...
On the four hour frame, an attempt to breach the 1.11430 resistance line and bounce back from it for a negative daily closing and test the 0.382 Fibonacci support line at 1.10800, which is the moving average exponential 100 on the daily.
On daily basis the price is above exponential average 21,50,100
The presence of a bullish crossover from the EMA 21 to 50...
Up to now the price is below the average exponential 21,50,100 on the 4-hour and daily basis
Bounce from the Fibonacci support line 0.618 and rejection from the fibonacci 0.50 resistance line
I think retracing above the 1.31500 - 1.31580 area and touching the Fibonacci resistance line 0.5 again at 1.31850 before completing the drop in and closing the weekly...