I´m considering the recent downside to be a correction from the move which began on mid-April.
Price is finding support in the blue 0.18 zone, but the lack of any reversal patterns in smaller timeframes leads me to believe that we will still see further tests of this level.
Break of the green descending trendline would be the first indications that bulls are regaining control.
Price is finding support in the blue 0.18 zone, but the lack of any reversal patterns in smaller timeframes leads me to believe that we will still see further tests of this level.
Break of the green descending trendline would be the first indications that bulls are regaining control.
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Disclaimer
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