Interestingly, referring to yesterday's analysis, the market displayed a favorable response near 1.09150. However, a closer examination revealed that the market did not experience a substantial breakdown in its structure towards the downside. Consequently, it swiftly reversed its course, ascending towards the 1.09300 mark. Anticipating the market's trajectory, I find the only potential concern was the demand zone situated around the 1.087 level. Yet, I am confident that this demand has been effectively depleted. Furthermore, a noticeable volume of liquidity exists on the downward side. As a result, my expectation is for the market to trend downward, approaching the 1.084 range.
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