The move above the 200 hour MA (green line in the chart above) yesterday was the first time since May 1st. In the Asian session, the price moved below the key MA, but that was short lived as trend line support held.
Now the price has moved below the 200 hour MA and the trend line at 0.9828. The next level to get through would be the 100 hour MA (blue line) at the 0.9798> A break and the support trifecta break will be complete.
It is decision time for the pair. Failed break or a new move lower? The shorts have won the first two races, with the third race in progress.