Since the 4th of February 2021, the price has been following a strong downtrend, bouncing on its trendline and S/R zone at about 1.27600 during the 12th of February.
A really strong bar pushed the price down, breaking through its at about 1.26700, and it is currently moving just around its main support at about 1.26300.
In the daily perspective I can see the price still in downtrend and I'll be looking for a new short position.
According with the analysis, there is a possibility to see a new rejection on the current , and I'll plan my position once I'll see a pullback on the at about 1.26850
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