Price drops within a down channel and is almost to hit a major dynamic support. It is pressuring the 0.05915377 static support and the 61.8% retracement level. The perspective remains bearish as long as it stays within the down channel.
A valid breakdown below the warning line (w1) will confirm a further drop at least till the 76.4% level.
A valid breakdown below the warning line (w1) will confirm a further drop at least till the 76.4% level.