After a fairly significant retracement we have what appears to be a Ascending Broadening Wedge formation. A recent bounce off that structure would indicate a bullish future for this pair. Its at a state of consolidation at the moment (wicks in both directions) RSI is right where I like to see it on this pair recently in deep oversold territory. So with the LOW of this Wedge back in September and now with what looks like a higher low I'm just waiting for a LARGE HA GREEN candle to punch up through the 8/14 MA lines and it's a BUY. Let's wait and see.....