you can see it touch 89 EMA as dynamical support and the channel line and also a trend line as support. the stochastic indicator is oversold and it's above 200 EMA as a trend indicator, so I think it more likely buys position.
i believe this pair can go more down, so if we see a break this Channel we could sell it.
we see a head and shoulder pattern and break the neckline. and we see inside bar candle that indicate bullish still in control.
we can see a the pair touch the channel line but for confirm we need see break trenline