Wait for one last drive down between 1.13 and 1.11
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A little over 1 year ago, this demand zone drove price up over 1000 pips. Something tells me that price has a memory...
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Zooming out will get a bump to 1.16 then down to 1.10 ish, before a higher move.
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Dont buy yet
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where i have my order
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Look at the orange box, it shot up last year and hasn't closed that gap yet (but is now starting to). Price will need to retrace to close the box before it can continue on the opposite way.
Look at the pink box now, something is similar with this one...
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