The USD's strength in the past few days keeps pushing this down. In my last post on this I hoped it would hold at 0.382 Fibonacci but did say it could drop to 0.5 and 0.618. This price aligns with previous structure so there will be support here. For the moment it is still bearish
so we need to wait for a sign that it will turnback before entering another long. MACD
needs to start rising back to 0 and EMA's need to come close to crossing back over.
Target is still the same as previous post - 1.25529