On the weekly timeframe we are still below the moving averages. Last week closed with a lot of sellers exhaustion failing to form an evening star. ON our daily timeframe we are still bearish but finding some buyers coming in at a H4 support level. I am focused mainly on the H1 timeframe at the moment. Endlesss we break all the way above 1.24000 I will be looking for a breakout of the current flag that is forming which is a bearish continuation pattern.