the price current moving facing support at 1.1352 & resistance at 1.1445 while moving in a downtrend channel. now if price respects the resistance & closes below the support, then price continue moving in respect to the downtredn channel creating new lower low.
And if price breaks out of the resistance then it could go for some retracements & possible short trades would be invalid.
And if price breaks out of the resistance then it could go for some retracements & possible short trades would be invalid.