This pair has reached a support area that may determine the direction it goes in. If it breaks through the support, more downward movement might be expected. But if it bounces back we can expect a touch on the upper part of the channel. Which will be an awesome trade to take.
Go on to a lower timeframe and see what price action does

This is my personal idea and should not be taken as finacial advice
aususdsmartmoneyconceptTrend Analysis

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