There is a weekly downtrend channel
Which should go up to 1.34 (fibo 0.78) for long-term correction and then decline,
But in the short term it can drop to 1.27 and then go 1.34
Which should go up to 1.34 (fibo 0.78) for long-term correction and then decline,
But in the short term it can drop to 1.27 and then go 1.34