Today price broke below support at 2.1500, and now is continuing its declines. After almost vertical upward movement which lasted between April – August 2015 currently almost all bullish moves has been corrected. Today support was broken (it stopped declines for 2 months) and right now there is a clear path for bears to test 2.0800.
At 2.0800 level support coincides with equal A=C. Before that test, rebound to 2.1500 and test from the bottom may occur.
Time-frame D1