In long term( Weekly) it is still in a upward trend channel,though, with a H&S pressure( $1.33)
Zoom into 4H, it is supported by $1.284 for its upward trend channel.and it is also its Fib 61.8%.
Zoom into 1H, it dropped though $1.291, so this would turn into a pressure to work.
Chart PatternsTrend Analysis

Related publications

Disclaimer