We are reaching a resume of the actual trend. Also prices are entering and testing a medium term suppoort with a very oversold RSI.
Price should test the 1.272 extension of the actual leg High/Low swing and pause
Below we have long term support at daily and weekly level so it is something to look if prices go further low that next support.
I will brake this chart for a short term trade in next days.
Either way, the important is that we can consider now to enter a long position with a target at 1.458 were now stands major resistence.
We will look to price action for an entry
Price should test the 1.272 extension of the actual leg High/Low swing and pause
Below we have long term support at daily and weekly level so it is something to look if prices go further low that next support.
I will brake this chart for a short term trade in next days.
Either way, the important is that we can consider now to enter a long position with a target at 1.458 were now stands major resistence.
We will look to price action for an entry