Overall trend has been bearish
since 2012, Waiting for counter trend line
to be broken to continue with the downtrend on the hourly chart. I believe we are looking at a target of around 0.77000, 400 odd pip move bearish
. Fib extension 2.618 is within the targeted area also for extra confluence, then if you go onto a larger time frame you will see this target has been used as a resistance/support in the past.