Bullish divergence on MACD, so should be close to a bottom, but I am not satisfied with taking a long position yet until we are closer to 1.134 and below to possibly sub 1.13 then should be a nice bounce towards the upside towards 1.161 with some retracements inbetween.
Comment:
A breakdown below 1.135 has occurred.
Comment:
Dropped below 1.13 level but still has more to go, perhaps 1.12 level before we see a serious bounce
4h chart is probably a little easier to view it.