And formed by previous 2 weekly candles can be seen close to 0.618 level.So crucial is 0. .618 ratio, from 1.1066 - 1.0936.
If this region act as strong support, price may form a then goes up to retest the yellow and blue zone, close to 1.1400.
If this region fails to support, pay attention to previous structures and key levels shown in the chart.
In the long run, both and measured move( ) are possible, depending on whether C point can come out.
So make a plan first then trade what you see!