Downtred needs a correction, we have a wedge pattern that has a target of 1,18+ and we have a 2nd wave correction that is needed. Also we have a possible inverted H&S with the same target.
With the Market expecting a rate cut from the FED this view has some fundamentals support
If 1,12 level holds this view is correct, if not we have to re evaluate
The LONG term trend is to the downside, i will post my charts latter