The pair’s decline has paused, but this stop looks more like a correction before a further decline. Probably, it will happen. There is some margin for decline, but it is insignificant. A minor descending wave is expected to develop, which is intended to complete the formation of the descending impulse, which is a part of the wave C.

After that, the price will start to grow, making first a descending ascending wave and then a long ascending impulse. This is what we should tune in for, but for now it is recommended to remain an outside observer and wait for the realisation of the above scenario.

Recommendations: flat.