Price broke both the recent range, a key support & 1.16000. This indicates a test of historic consolidation which will now turn into support at around 1.14812.
Price then can follow the arrow prediction or correct back above 1.16000.
I consider any price action below 1.16000 as an indication that price will head lower to potentially test 1.11000.
Price then can follow the arrow prediction or correct back above 1.16000.
I consider any price action below 1.16000 as an indication that price will head lower to potentially test 1.11000.
