We are most likely to see a bounce back to the 1.4700 level in the coming 3-4 weeks. I am waiting for a perfect entry either at the 1.4200 level or 1.4500
After retracing to the approx. 62% area this pair will most likely continue on the dowtrend to hit newer lows in the coming weeks. I'll looking for opportunities to go short.
We might see prices drop down to 0.96859 level support level and and if the test fails it will drop to the next support at 0.95453, I have already collected 170 pips of the signal.
