Waiting for the pattern to complete in area 138.68-75.
Looking to break resistance to continue its retracement towards 1.0850.....The price has tested 4 time to break the resistance 1.0666...if breaks through 1.0700 then retracement leg continues...stops on the way are fibo levels
The downtrend channel formed from top 1.1278 is broken by the recent channel formed top 1.1145. A move to test 1.0460 (March 2015 low) seems obvious.
Suggestions are welcome.