Preferred Case: On H4, as the price moving to test the descending trendlines, we have a bearish bias that the price may drop from the pivot at 0.99670, which is in line with the 23.6% fibonacci retracement to the 1st support at 0.95785 where the swing low is.
Alternative scenario: Alternatively, the price may rise to the 1st resistance at 1.01315, which is in line with the overlap resistance.
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