on the long-term , I expect price to go retrace up to 90. 7 considering the bull momentum and bullish engulfing candles appearing. And the last time price at was at the zone pf 89.3, it reacted with absorption of supply to make a retracement up at 90.7 and consolidating before going up a bit more , and more back up. It reacted the same way with absorption of supply, at the touch of the zone right now. But before moving up, I expect price to retrace on the lower time-frame at the orange zone. As we see the last upward hammer on the 4 hours, sellers shower signs of presence, and also many time in the past.
so i expect retracement downward to the orange zone, and then see a move upward to 90.7
so i expect retracement downward to the orange zone, and then see a move upward to 90.7