Stoch histogram: Red
AO:Red
MACD: Still down
#note of caution: Stoch histogram going up, hence downtrend may not last
4H
1) 4h chart shows 50% retracement
2) MACD starting to turn down
3) Broke flag.
Hourly
Early hours of the market today shows that price has already broken the flag as seen on 4h chart.
I'm expecting price to go up to near the Daily Pivot area around 1.5967 which is near the 23sma before heading down.
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