Medium term trend: Down
Significant Levels: 0.7690 - 0.7750 (Horizontal Support), 0.8000 (Significant Round Number and Horizontal Resistance), 0.7820 (Short term significant area),
The price recently broke below the . The breakout was a failure. After the breakout happened, the price did not go down much further and it went back in the consolidation area, which is the . We are still with currency pair and we still want to a breakout below the . But again, the 0.7820 level was recognized by the market yesterday and the price might go down again so this level is worth to consider.