There was a very sharp rise between A-B up to 1.325.
The drop from B-C to the 1.298 level coincides with the 0238-0.382 fibonachi levels.
The acceleration of this decline is less than the upward movement, so I think it is a corrective movement.
Tomorrow is the ECB interest rate decision, explanations are important.
The price's first target up is 1.32500, the second target is 1.33900.
You can take a look at the 1-hour and 4-hour charts to get the price at a more affordable level.
The drop from B-C to the 1.298 level coincides with the 0238-0.382 fibonachi levels.
The acceleration of this decline is less than the upward movement, so I think it is a corrective movement.
Tomorrow is the ECB interest rate decision, explanations are important.
The price's first target up is 1.32500, the second target is 1.33900.
You can take a look at the 1-hour and 4-hour charts to get the price at a more affordable level.