Price is closing in on the lows since 2015 and we can expect a short term pullback to at least the MAs before continuing moving down. Price can easily break the lows and make a move to the support zone.
If price breaks above the 50 period EMA, it could be a sign of a reversal. No bias at this time.
If price breaks above the 50 period EMA, it could be a sign of a reversal. No bias at this time.