This is still a billish trend. After price created a bodied reversal candle but created a resistance at the previous week low. That low will be the support for the trend to turn and continue the bullish trend.
The price started consolidating and neither broke a new high or low. The prices at 98.363 created both support and resistance for a further bullish trend. This indicates that the trend will be a reversal and start selling if it hasn't started already. When the reversal starts, there is also a resistance level at this price level 97.853
The price started with a daily open and price did not create a new low.it retract -and now moving tocreate a previous day high and the previous week low. If that formS, It'S going to be a bearish market going uptrend to break a new high
