Is it suitable to buy the dip now?
There’s really no analysis to be done in this market, support levels are completely useless, and the decline seems endless.
Pay attention to the 1.45 level; if it breaks, it will continue to go down.
If you're buying the dip, you can start with 1.6 for the initial position and place an order to add to your position at 1.4. Before Trump took office, this was likely the last wave of profit-making opportunities; it feels like the bull is about to leave.