lets look at Monthly
Tide's have changed bearish since we broke that upwards trendline. and we are in this bearish channel. u wont see 1.63 anymore, given the fact you need to break above this already broken uptrend which right now meaning the retest of 1.56, and we have done exactly that before the drop we're seeing...
this monthly candle can easily close as a bearish engulfing.
We live in a finite world with infinite possibilities.