The downside movement continues gradually to approach the suggested potential reversal zone of the harmonic pattern around 1.0010. The mentioned level represents the first potential reversal zone, yet it is not the last, but we will depend on this level now until the pair confirms the extension of the CD leg. Any trading below the level of 1.0185 supports the downside movement to remain possible supported by the negativity seen on RSI.
The trading range for today is among the major support at 0.9970 and the major resistance at 1.0205.
The short-term trend is to the downside as far as 1.0665 remains intact targeting 0.9000.
**New York Candlesticks**
|Recommendation||Based on the charts and explanations above, our opinion is selling the pair belowyh 1.0140, and take profit in stages at (1.0070 and 1.0010) and stop loss with 4-hour closing above 1.0205 might be appropriate|