The overall trend is downward. The price pivot zone 0.6780 holds back buyers. The pair is trading in the range of 365 and 135 moving averages. A bearish divergence has formed on Awesome Oscillator indicator. The breakout of the round intermediate level 0.6750 will result in the formation of a descending pattern of the M30 level within the descending wave (C) of the H4 level.
Trading reccomendations:
Sell Below 0.6750.
A Stop Loss of 0.6780.
Target levels - 0.6700; 0.6680.