The price seems to be getting attracted towards the daily support 1 region. The 4h support it broke was probable as it was not a strong one. I believe a good bounce is expected from the daily support around 0.89.
Trade closed: target reached
The price hit the daily support region and bouncing well from there as expected.
Note
Here is another idea now that we have some bounce there.
Note
The price hit the daily support and now bouncing from there. I would expect the price to retrace again following path S1 before and then move upward again.
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