Below the 1.1763 area

The 1.1763 area was a low earlier today. The level was a swing low from Monday and Tuesday. It was near a swing high from Wednesday (see red numbered circles).

The last hour hourly bars has seen the price dip below the level but dips were bought (and sellers stalled near the 100 hour MA and underside of the broken trend line).

We are making another play now. Can sellers kick the price down more now?

The sellers are in control in Friday afternoon trading.