(1)The pair moved decisively lower, reaching the downside targets inline with the prior technical updates.
(2)The price dips below 0.7680-0.7660 major and bottom of the main sideways range. and breaks below the minor shown on chart.
#No confirmation for further downside for now, I will wait for a daily closing below 0.7660 which will probably confirm the extension of the wave, targeting next the 1.271 extension level at 0.7574.
Intraday bias remains to the downside
Expected Intraday Resistance : 0.7665 , 0.7700 , 0.7735
Expected Intraday Support: 0.7620 , 0.7575
Happy Trading :)
Join me at https://twitter.com/thefxchannel
Facebook page http://www.thefxchannel.com
Google Plus : https://plus.google.com/+Thefxchannel0/posts
My best regards,