One more dip to 1.7024 or 1.7000 is likely followed by a grind higher to 1.7071 - 1.7094. After which it can resume its downtrend.
Key Point 1.7047 Entry Point 1.7029
Trendline1 1.7000 Trendline2 1.7025
Elliott 1.6976 Closing 1.7047
Ex-Low 1.7000 Ex-High 1.7095
Projection 1.7088
Supports and Resistance levels
Support1 1.7000 Support2 1.6953
Resistance1 1.7094 Resistance2 1.7142
Pivot 1.7047