Week started with bears moving the market down and in the two days the price was lower than it was last week. The price reached a weekly up trend line and found support. It reversed back on Wednesday, but the following two days were bearish. Weekly outlook looks bearish and it seems $1.17200 as a confluence of support is very close and we could see the price heading down. The price is still in bear hands and it needs to find stronger support to drive the price higher. Confluence of support around $1.17200 could be that area, but the price is finding harder and harder to reach that level. The reason behind bears’ ... (full story)