On this DAILY chart, what I am seeing is that there should be a nice drop coming soon. Why do I say this? My wave count, if correct, is showing that the next move should be a wave 3 of 3 coming. Seeing that this pair has been swinging in large waves lately, the next swing if keeping with this pattern of swinging, should see a large wave down. Combine that with it possibly being a wave 3 of 3 down, and you can see why I am saying that there could be a nice sharp drop forthcoming!