Bullish Indicators:
1) HH HL
2) Support zone 156.078
3) Upward trend
Bearish Indicators:
1) Resistance zone at 158.213
2) Evening star on 4H
3) Bearish divergence on RSI
Plan A: After forming evening star on 4H and the bearish divergence on RSI the pair looks like will move further downward towards 156.078 and then towards 154.800.
Plan B: On contrary a bounce from the support zone of 154.800 the pair can retest the resistance zone of 158.213.
1) HH HL
2) Support zone 156.078
3) Upward trend
Bearish Indicators:
1) Resistance zone at 158.213
2) Evening star on 4H
3) Bearish divergence on RSI
Plan A: After forming evening star on 4H and the bearish divergence on RSI the pair looks like will move further downward towards 156.078 and then towards 154.800.
Plan B: On contrary a bounce from the support zone of 154.800 the pair can retest the resistance zone of 158.213.
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