Since the previous 1D Triangle broke at 0.2060 to the downside (RSI = 35.753), a Channel Down has emerged (MACD = -0.013, Highs/Lows = -0.0194, B/BP = -0.0294) that is aiming for our September targets of 0.1802 and 0.1713 (June 29, 2018 low). There are high chances to consolidate after touching 0.1802 due to the already oversold STOCH = 19.699, STOCHRSI = 0.000, Williams = -99.740 figures. However 4H is on a steady enough pace (MACD = -0.006, Highs/Lows = -0.0034) to see this downtrend complete the Lower Low smoothly.
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