Use this as a guide to develop your view.
Main items we can see on the Daily Chart:
a)The main structure of the current bearish trend is a Descending Channel
b)Currently, the price is on a significant support zone / In the past, we can see durable buying power in this area.
c)Now we expect a Corrective structure with a maximum level of 1.08
d)After the corrective structure, we will prove a clear forecast about continuation movements or reversal movements
e)Patience is the key to the job.
Main items we can see on the Daily Chart:
a)The main structure of the current bearish trend is a Descending Channel
b)Currently, the price is on a significant support zone / In the past, we can see durable buying power in this area.
c)Now we expect a Corrective structure with a maximum level of 1.08
d)After the corrective structure, we will prove a clear forecast about continuation movements or reversal movements
e)Patience is the key to the job.