Price is struggling to go down but I still anticipate it to go down to my initial target of 1.04749. It may go lower to around 0.9894 level and then I would await for a long position based on what I see on the chart.
However if the price breaks above 1.06559 before going down to initial target then I would go long, with a long term target of 1.1630. (I'll post a chart to show why if that happens. Thanks