Also notice pattern, signals potential trend reversal to the downside. The has moved below 50, indicating the market is not oversold yet and that a downward trend is forming. The price action has retraced further than the 23.6% Fib level from the high posted on 02/11/2014. The price should retrace further to the 50% Fib level at 0.95246.
If this level is broken through, this will act as strong confirmation of a trend change and formation of a downward trend.