Hi We see that the price could not break above the 1.10 level, this being already a resistance of the last rise segment in a b c. The price is forming a second bearish corrective segment in the form of abc, we will see if it reaches the price target 1.08 to bounce upward in waveform B and then be able to attack in the formation of its last segment of momentum C on the ground and level price 1.06
The yellow lines are supports and the red resistances