The price is moving in a strong downtrend channel
. We can see a possible AB-CD
pattern, however a strong support level
is facing at the psychlogical level 1.0700/1.0675. The recent event in France might play a role in the continue. If the price break the support the AB-CD
pattern would be much more valid. Otherwise, a retracement move might lead the price to 1.0896, where sellers might attck again.