We just ran into some resistance at 1.548, which was a prior support area
. Also, we have a bearish wedge
divergence. Finally, we are at the .786 fib level of the last area and have a crab pattern
that has completed as well. Keep in mind we have also not officially retouched that major broken trendline
on the daily. I am going to stick to the trend here and target 1.52.