160 Pips Expected
Possibly it will rallies by the channel line and drop eventually down to target or it remains in the channel and goes back up., again will have to see what happens in a few hours.
Watch closely for the indications of the candlestick formations.
It won't go Lower than 150 pips down, perhaps it seem to be a very strong weekly support level.
Even if it going to break that level it will take a few more days to do so by getting into consolidation.