AC UPDATE
Long Term Analysis
- recent break of 0.99 + confirmation, "CF" with EMAs
- weekly long term is bearish, with recent LH formed, aiming for lower lows
- 0.999 key level rejection, shooting star weekly candle
- Daily candle closed below 0.99 after breakout and confirmation of 0.99
- Fib numbers showing 2 level rejection 0.5 + .382
- Contrarian views would see potential for further retracement
- waiting for 3rd bearish signal (2 so far)
- TL support has not been broken on smaller TFs
- 61.8 fibonacci hasn't been hit yet
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