HH and HL are being formed currently, I believe the next HL is being formed currently. to the upside but this is lagging.
Last week’s candle has broken the Weekly 0.75750 level and close below it, we should expect a retest. to the Down side.
to the downside again, todays candle has retested and weekly level and rejected. Looking to move towards the next lower monthly level 0.74000
Fib line 50% rejected twice, this is very close to the weekly resistance. Counter has been broken with a strong candle, while crossed to the downside.