We have approached very important level 0.8845-0.8823 which is long timeframe low level: break of this level will open road toward 0.8540 -0.8077 level.
What I expect first is pullback rally before break to enable market get needed momentum on the down move.
So I see to scenarios:
1. Break below 0.8845 - 0.8823 and go toward 0.8540 - 0.8077 previous balance area.
2. Pullback toward 0.9143 - 0.9277 (with shakeout around 0.9446 level)
My forecast for the 3rd of March is to see price around 0.9277 …
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