Dear colleagues, I assume that the price will continue the downward movement and will soon reach the area of 1.05183.
This movement will be a wave “C” of the higher order.
The most important thing now is to understand where exactly the downward movement will end, because if you look at the daily timeframe, the price is still in a major upward movement, so after reaching the target, I will look for long positions.
Manage your capital correctly and competently! Only enter trades based on reliable patterns!