Price previously breakout from the Triangle, Goes lower towards -1.272 to -1.382 Fib projection where price is now extremely cheaper to be bought. Price keeps rejecting where it has now compressed in a triangle.
Head & Shoulder is expected, as price shall move higher towards Key Levels ( 1.20489 - 1.20055 ) Infact when you Pull the Fib from HIGHEST POINT to LOWEST POINT, these prices are actually 50% Fibo Retracement for the Long-Term