It seems price is continuing to go down after forming a lower high, and in H4 TF, it has reached a demand level.
If it bounce, it may go back to a supply level (1.10900), but if it can breakthrough the demand level at 1.10200, then we may see price drop lower to 1.10000 or even lower to 1.09700.
If it bounce, it may go back to a supply level (1.10900), but if it can breakthrough the demand level at 1.10200, then we may see price drop lower to 1.10000 or even lower to 1.09700.
Comment:
Price did break the demand level of 1.10200....and has reached 1.10000....let's see it can go lower to 1.09700 level