the pair eventually broke the stubborn area at 0.7130 and found its way to 0.7050 handles. At this point, the market may face lower boost since it's trading underneath both 50 and 200 EMA's. a break below 0.7050 may open up the floor for 0.6990. and as long the market is generally below 0.7130, the pair remains bearish and I'll be looking for an exhaustion candle from the levels that it's shown on the chart to take this market for short positions.