The overall trend is downward. The price pivot zone of 1.7153 deters buyers. The ascending wave pattern of the H4 level is truncated, and a Bearish divergence has formed on Awesome Oscillator. Breaking through the support level of 1.7029 will result in the formation of a descending wave pattern within the descending wave From the H12 level.
Trading idea:
Sell on the breakout of 1.7029.
Stop Loss: 1.7153.
Target levels: 1.6860; 1.6767.