Mothly: Weak down trend. Deep bull pullback is possible. If we look at body of last candles then we will see that bulls are stronger right now. But it does not mean that price will go up.
Weekly: Sideways move. Short is late and dangerous. We can wait for price to engulf 0.7961 and then look for longs. But keep in mind that trend is still down. So buys are against main trend.
Weekly: Sideways move. Short is late and dangerous. We can wait for price to engulf 0.7961 and then look for longs. But keep in mind that trend is still down. So buys are against main trend.