Currency pair has dropped 2.2% to 188.01 with key support at 187.06. Below-average volume during the decline suggests potential oversold conditions and setup for technical bounce. ✏️

Short-term model shows high prediction accuracy with price expected to consolidate between 189.4-190.7. The 5-day moving average is the most reliable indicator for short-term movements. ✏️

Long-term analysis projects upward movement to 191.70-192.60 range. Strong technical support at 189.50 provides foundation for bullish reversal, with resistance at 192.50 as key barrier. ✏️