To keep it simple, price may have shown bulls power in previous day maybe as a likely increase in EURO strength fundamentally
Well I'm a technical trader that trade using WRTL (WICK REJECTION TL STRATEGY)
i trade what i see
so technically, price have broke pass the support (which is now the R zone) after leaving a wick at the Rsl zone and a retest have seen price reject as well on H1
on H4 we can say we just witnessed the end a a LH, what next LL? well we move
WRTL CHART PSYCHOLOGY also show that price always have a fall until it get to the S2 zone especially if it is coming from R zone, tho we look closely at price reaction at the Rz
Chart PatternsTechnical IndicatorsTrend Analysis

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