with base on my analysis.the price are in correction and are heding downward.the wave are completed its 5 wave cycle and now making a correction.
the previous weekly candlestick formation indicate that the price will continue downward.the candlestick reversal formation in the weekly chart is pinbar.
the entry will be on the 1.13500 resistance area while target profit will be on the 1.1265 daily support area.
good luck!!
disclaimer ------------------------------ this idea was published for the purpose of study only. all the risk taking are at your own responsibility. ------------------------------