Price broke out of the previous bearish structure, pulled back to create a new HL. Price is currently showing signs of rejections on the 61.8 fibzone at support. Implying that bulls may be coming in to push price higher.
@bubblyHeron43190, No longer valid, seems like it will be falling more. I will be waiting for price to retrace at my levels and look to go short in those zones. I will post an analysis later on.