Price direction on a 1D chart is down, as new lower low and lower high appeared (Price direction is not the same as a trend direction)
Yesterday's close is below 5MA what gives a bit more power to bearish signals
Currently none of the major chart patterns appears (1D Chart)
Price is currently at 80% Fibonacci retracement area
in a relation to Previous swing UP
On a daily chart next closest level of Support is 1.0800
Currently none of the major chart patterns appears on 4H chart
Price is currently at 127.2% Fibonacci retracement area (Filtered to 4H time-frame)
in a relation to Previous swing UP
On a 4H chart next closest level of Support is 1.0900
Currently none of the major chart patterns appears on 1H chart
Price is currently at 127.2% Fibonacci retracement area (Filtered to 1H timeframe)
in a relation to Previous swing UP
On a 1H chart next closest level of Support is 1.097
News in US are coming out today, normally the Price will range before the news, then it will go in opposit direction of the future movement just before the news, so Have it in minds before entering a trade and check Economic Calendar for Updates
Yesterday's close is below 5MA what gives a bit more power to bearish signals
Currently none of the major chart patterns appears (1D Chart)
Price is currently at 80% Fibonacci retracement area
in a relation to Previous swing UP
On a daily chart next closest level of Support is 1.0800
Currently none of the major chart patterns appears on 4H chart
Price is currently at 127.2% Fibonacci retracement area (Filtered to 4H time-frame)
in a relation to Previous swing UP
On a 4H chart next closest level of Support is 1.0900
Currently none of the major chart patterns appears on 1H chart
Price is currently at 127.2% Fibonacci retracement area (Filtered to 1H timeframe)
in a relation to Previous swing UP
On a 1H chart next closest level of Support is 1.097
News in US are coming out today, normally the Price will range before the news, then it will go in opposit direction of the future movement just before the news, so Have it in minds before entering a trade and check Economic Calendar for Updates