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