I observed a clear bearish structure developing, with price maintaining a sequence of lower highs and lower lows following sustained downside pressure. The recent decline has pushed price toward a previously established S.R Interchange at [1.14437-1.14189] , which now represents the primary area of interest.
Speculative Outlook:
If price reacts from the S.R Interchange with clear bullish confirmation, a corrective recovery may develop. However, sustained acceptance below the zone would support further downside continuation. For now, the highlighted area remains the key decision point for the next market reaction.
NOT INVESTMENT ADVICE-RESEARCH ONLY.