Situation:

On the long time frime prospective , the price couldn't break the resistence level ( as pointed out on the weekly chart) and then it moved

lower to break previous lows.

I expect the price to retrace in the direction of the main resistence level and after go down to make a lower low.


Expected rate: 1.01600

Weekly chart:
On the weekly chart i pointed out the main levels i'm considering

Daily chart:
A possibile scenario is described
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