There are two scenarios for this currency, first the downtrend scenario which is most probable for this currency. In case the price crosses the range of 1.1917, we will return to the uptrend scenario.
Also, in order to get the main confirmation for the bearish scenario, the price should cross the range of 1.1612 with 5 descending waves.
Also, in order to get the main confirmation for the bearish scenario, the price should cross the range of 1.1612 with 5 descending waves.