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!