Probably the development of the initial wave of the incipient downward movement is completed. So far this wave is marked as i. In this case, the pressure from the sellers will decrease, which will allow the buyers to take a little breath and try to do something themselves.

This is expected to lead to a rise, which will be corrective in nature, taking on the function of wave ii.

Potentially the move up looks interesting enough to try to buy at the current market values.

Recommendations: Buy 1.0750, SL 1.0725, TP 1.0880.