The market recently tried to break into 1.62 but failed, we now see the market retracing and we see good chances of a bounce at the resistance of 1.75, and at the 618 retracement. Wait for how the market reacts and if it holds the resistance enter a short to 1.67 (first target) and 1.62 (second target). If the trade does manage to break this resistance we can expect the pair to test 1.8 again or higher.