Price has reached key level support, where price has made many reversal at in the past. A bullish engulfing candle reaction was made here Friday after NFP, showing that this level could be the level to push price back to the upside.
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D1: 2 daily rejection candles along with a doji candlestick on Friday at the 61.8 fibonacci pullback region which aligns with key level support after a double bottom to the the long term broken descending trendline was made.
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Weekly: Better look at the long term trendline, & a potential right shoulder of the inverse head on shoulders formation could be completed this previous week.
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