With an obvious daily OB back in march 2020 (1.16668 - 1.14095), price had a CHoCH and is back in present date to retest our daily OB, the lowest support. with current price at 1.168, I expect to see a quick sell to the 1.166 zone then we could see sideways movements for a while from there.
If price breaks support? then the downtrend continues.
price could as well tap below the support a little to grab liquidity then reverse.
If price breaks support? then the downtrend continues.
price could as well tap below the support a little to grab liquidity then reverse.