On the daily chart, the pair has remained below the trend line since the end of October and below the resistance level of 154.00. Since the strong resistance on the combination of the trend line and the 154.00 level remains higher, a decline to the October lows at the support level at 152.70 is more likely. Overcoming the level of 154.00 would change the picture.
On the four-hour chart, the situation is approximately neutral, since, on the one hand, there is strong support at 152.70 (in November, this level was a strong base that suspended the decline), on the other hand, the pair remains below the trend line. Since the pair is now at the trend line and resistance at 154.00, a decline to the lower limit at 152.70 is more likely. If the level of 154.00 was overcome, the trend line would also be overcome, which would change the overall picture. According to the directional movement indicators, there is no trend: DM- and DM+ are close, the MACD histogram is near the zero level, the MCD line is close to the horizontal.
Resistance levels 154.00; 155.00
Support levels: 152.70; 152.00