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I considered the earlier declines of the currency pair as a temporary collapse due to high optimism among investors. The painted oRGR caused a different thinking from the one I assumed after the information from European bosses about the too strong Euro currency. At the moment you can see that there is nothing to be deluded, there has been a downward trend and you have to think so. In one image, the diagram from D1 with any support marked, in the other image H4, which shows a closer perspective. The data for the US, which are forecasted as hawks for the currency, also speak in favor of further deepening of declines.

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