EUR 25 July - smaller bounce key level failed

EUR hit 2075 yesterday US session and had a smaller bounce up than 23rd, see 1hr chart arrow down. When it followed with an intra day lower high this level failed. The weak pre/early US session green doji failed to go up. 

Divergences appearing on 4hr and previously on 1hr 23rd but view is we are still on downtrend. The lower high lower low cycle on 1hr is still in tact.

Several things we talk about showed in the charts:

•  smaller bounce from a key level = level likely to fail
• ignore weak pre/early US candles
• intra day higher low/lower high (in this case the latter) a decent signal