As you are all aware we posted analysis last week on this pair explaining we can see movement before our downside projections come into play. We now await PA confirmation on the smaller time frame to enter short to our downside targets of 82.50 then possibly 80.00. We have Key structure breached with the first upward trend line breached and retested with continuation to the downside. It then created a higher low retesting the second trend line. We now await PA confirmation to enter short.