This pair has completed a 5 wave moved downwards and is now in a corrective structure. It is a possible a flat (3-3-5) stucture has completed which may give us a chance to go short on a break of the ascending counter trend line
. Alternatively, we could see the price from point C and re test the back end of the trendline
. Decent Bullish
doji's are forming so I am fancying the later.