Support becomes resistance + price below 50 ema and 50.0 fib retracement
38.2 Fib + 50EMA + Daily Break and Retest
A nice short set up to take advantage of before going long again around .7
At resistance and needs to come back to retest on the 4HR
The overall trend on the weekly is bullish, but price broke and is currently retesting the daily trend-line and 0.618 Will be waiting for further confirmation on the 1 and 4hr for a short. If price breaks above we will go long.
Price is testing 4hr resistance which is potential support