Strong Lower High rejection on 1W. Short intact.

EOS was aggressively rejected (STOCH = 18.869, STOCHRSI = 16.737, Williams = -91.350) on the Lower High of the 1W Channel Down at 6.5900 and a new 1D Channel Down is emerging (MACD = -0.325, Highs/Lows = -0.4775, B/BP = -0.5546). We expect its gradient to be low for another 1 - 2 sessions in order to normalize those oversold values while slowly testing the previous low at 4.1415. We remain bearish with TP = 3.8925 and 1.6921 in extension intact.