Update: Pair is once again offering a nice shorting opportunity to the lows of the range. Perfect continuation opportunity. The pair is offering a good opportunity to be taking shorts in the markets to the lows of the range. There is a long term measure move of previous impulse to reach, and this continuation move could be responsible for price hitting this target. If price breaks the daily range it would confirm a nice minor breakdown, igniting the move to take the pair to target.
I hope you have a tested trading strategy to trade this move when it starts.