H4: The pair has broken the uptrend with strong bearish pattern, a 3 black crow. The pair should continue the drop until the support area at 1.305 region which coincide with the 0.5 fib level, then if a rejection is shown there the pair could retest the upside at 1.3175 before continue to drop another leg towards 1.29. Alternatively, the pair could ignore the support at 1.305 and drop further down towards 1.30 and beyond.
H4: The pair has broken the uptrend with strong bearish pattern, a 3 black crow. The pair should continue the drop until the support area at 1.305 region which coincide with the 0.5 fib level, then if a rejection is shown there the pair could retest the upside at 1.3175 before continue to drop another leg towards 1.29. Alternatively, the pair could ignore the support at 1.305 and drop further down towards 1.30 and beyond.