rend overall is still showing an uptrend but a lot of bearish movement is starting to show with the cross of the MAs, as well as the strong momentum bearish candles that were seeing on the H4 timeframe.
After yesterdays bullish engulfing candlestick has given perceived strength, we are currently sitting at the top of the highlighted range. If we can continue the upside momentum we could expect to see 134.000 being retested by the end of this week.