In my opinion price is not done descending.. it has to touch the strong ascending trendline before growing up and possibly breaking out of the descending channel.. or most likely it will break the ascending trendline and go further below 1.16 similar to what happened in 2018..
Final target is 1.12300, completing a big h&s pattern on weekly chart
Final target is 1.12300, completing a big h&s pattern on weekly chart