On the daily chart, the pair is in the range of the previous days - it can be considered as a "flag" of 0.7230-0.0.7300. Further movement is likely to be in the direction of the pair's exit from the "flag". Now the situation seems to be about neutral, as the pair is below the strong resistance at 0.7300, but the support at 0.7230 showed up as strong. According to the directional movement indicators, there is a weak downward trend: DM is slightly higher than DM+ at a low ADX level, the MACD histogram is in the negative zone, the MACD line has a negative slope.
On the four-hour chart, the pair is at the lower limit of the 0.7230-0.7300 range, in which the pair has been since September 20. Based on the movement in the range, an increase to the upper limit is likely, since the pair has already reached the lower limit. According to the directional movement indicators on this scale, the flat is: DM - and DM+ intersect, the ADX level is low, the MACD histogram is near zero, the slope of the MACD line is weak. When overcoming 0.7230, the pair can quickly decline (since the pair's stop in the range was delayed), but it is dangerous to count on a decline before overcoming 0.7230, since the pair is at a strong support level.
Resistance levels: 0.7270; 0.7300
Support levels: 0.7230; 0.7200