While downward sloping have widened which means one can expect in the next price movements.
On a broader perspective, we see price declines through sliding channel with the considerable volumes in conformity.
You can spot out from the monthly chart that the attempts of breaching supports at 76.184 levels that shows the weakness as it has remained well below curves.
The leading oscillators on both daily & monthly charts have been consistently showing convergence with the prevailing downswings; we believe this as bears are showing more selling interests. is currently trending below around 35 levels that have hampered the momentum in previous rallies.
In addition to that, the curves boiling up with %K crossover to evidence selling pressures even below oversold zone on monthly charts, while has just entered into the zone with a crossover that means the downtrend to prevail further.
Thus, it is good to buy one touch binary puts (digital puts) for the targets around 75.000 levels.