H4 and H1 - bearish
Now the price stop falling at Fibonacci 90.45-100(0.92313-0.92613) currently seen as a demand zone
There is also more volume when the price falling
So when the price retests the supply zone
and appears selling signal, can consider entering
Fed is about to announce interest rate decision later
Data may drive prices up and down dramatically
Therefore, it is safer to entry the market only if a clear signal appears
All are personal opinions, not investment advice.
Now the price stop falling at Fibonacci 90.45-100(0.92313-0.92613) currently seen as a demand zone
There is also more volume when the price falling
So when the price retests the supply zone
and appears selling signal, can consider entering
Fed is about to announce interest rate decision later
Data may drive prices up and down dramatically
Therefore, it is safer to entry the market only if a clear signal appears
All are personal opinions, not investment advice.
Currently demand zone is broken
but does not affect if price backtests supply zone indicated on the chart
there is still a potential short position