Price has rejected this level of 4 hour resistance 12 times...

As you can see this level is holding very strong this is proven by the last 4 hour candle wick which reached a high of 0.7234 and the reverse all the way back down to close below the key level.

I think this will be the start of a reversal taking out previous lows.
Chart PatternsTrend Analysis
Parkes97

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