last week's analysis responded positively by the market. the price dropped to the support area and is currently stuck there. if you look at the market pattern, there is a possibility of a simple correction a-b-c with the current price heading to wave c. if you pull the Fibo extension, then the price is right in the 0.786 Fibo area. there is a possibility that the price will move towards fibo 1 where in that area the price will usually reverse.
