that is a very steep downtrend, so steep that I think its unstable. I am looking to buy a break of that small daily down trending line for a target 1.11200 or higher, then possibly a set up for a longer term sell.
price hasn't closed above the down trending inverted hammer
there is a morning star downtrend that bounced from support
the long uptrend has been broken.
if there is a daily reversal pattern, I'd wait for the next down trend to unfold.
then look for entries around the highs where the downtrend started.
at 3 ...