However, as you could see we have lower highs with a possible target to create our 3rd lower high on a bounce. We have divergence which represents the sellers are not strong as they seem. We still play it safe. On the break out of the mini , our first upside target would be 1.4000-1.4500. If price does break above the downward and disrespects the lower high structure then we would be waiting for a retest to the and a possible continuation up to targets 1.6000 then 1.7000 and so on.
On the other hand, if price does break below the lower , below 1.3000 then we can see further downside targets of 1.2000 then possibly 1.0650.
This is just a forecast.
***TRADE AT OWN RISK***