H1 - Bearish trend pattern
Currently it looks like a pullback is happening
Until the strong resistance zone holds I expect the price to move lower further after pullbacks.
H4 - Bullish trend pattern
Currently it looks like a pullback is happening
Until the strong support zone holds my short term view remains bullish here.
0.5790 2nd january support area. 9th February daily insurance bar indication for strength ahead. price may accumulate by demand zone 0.5810-5790 for long. stop loss: 0.5775, target: 0.6950.