Price recently broke to the downside to test 1.599, causing a double bottom on the daily timeframe, and formed a very strong bullish candle. Price is back within the range and testing the 61.8% Fib I consider price to be at an interesting level. Should this area hold, I will look to hop on to the trend down, looking for new lows. If there is a breakout higher, I will look to get long on a retest. A bit non-committal from me, but price is at a turning point.