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The US dollar currency pair with the Euro currency remains in a downward trend and is not likely to break the trend. In the picture I marked what would have to happen for us to start entering the long position. The oRGR formation in this case will give us a signal for a possible rebound. There are two options for entering, the first is to enter immediately after breaking the resistance, which is marked with a broken line. Second after correction to support also from dashed line. I prefer the second option, but unfortunately sometimes the price does not go back for more opportunities. Until then, we remain in a downtrend and the most sensible position is in line with the trend.

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