lets take a look at the weekly chart. We see that we have held this demand zone between 1.19538- 1.21211. With that over extended move starting from december 2016, we were able to get back into this zone that has proven itself from 2004 to present. with the 1.618 ext holding levels, we can see a possible 600-700 pip decline to complete the what seems to be the last leg of a 5- 0 pattern. Doji on the daily. Enjoy.