on monthly chart : recently we have seen reversal candles +strong bullish engulphing around resistance area 1.27770 on weekly chart : we have a weak uptrend as its moves inside the last down leg and recent weekly candles starts to show selling pressure and last week closed with a bearish engulphing on daily chart : we see that the prices can't form a new peak ending form of double top pattern with breaking its neck line at 1.28180 with friday close so we may see a retest to it then continuing falling down to 1.26050 area as its a support area + 50% fibo