H4 : Recent price action triggered a doji pattern (indecision and uncertainty), with its intra H4 low testing Tenkan-Sen. It is currently traded below the middle of the short term uptrend channel. Continue to watch Tenkan-Sen as a first support and then bottom of the channel; lower focus will be on former low @ 44151 ahead of 43577 (50% Fib ret). On the upside Kijun-Sen (48115) as the first significant resistance ahead of MBB (48319). An upside breakout of the D1/H4 downtrend channel, would neutralise the ongoing bearish price action. Monitor closely price action on H1, M15 and M5
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