We are reaching the end of a pennant formation which is also aligning with minor support and a supply/demand zone as we get close to the brexit lows. Price is going to have to make a move out of this formation soon and it could continue to go down but likely not further than 98.2 as that is the bearish channel support line.
TDI is also very close to oversold on 4H chart so I am leaning towards a bullish push soon.
TDI is also very close to oversold on 4H chart so I am leaning towards a bullish push soon.