The 4‑hour pivot at 1.0048 is holding the line—yet every red candle nudges the price toward the 0.977 zone.
Here’s what the chart is quietly saying 👇

Price is hovering flat, but the EMA7 slipping under EMA25 and an RSI stuck in the mid‑40s whisper a bearish drift.
Meanwhile, the volume profile’s point‑of‑control sits just above 0.9999, leaving little buying cushion.

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⚠️ Not financial advice. DYOR.