After a sharply fall with bearish divergence, price is approaching to key support level 21.235 which coincides with 0.61% fibo since the last push at 18.56 in October 2013. Good opportunity for following the progress of the pair and catch a rebound.
PRICE TESTING THE 24.60 RESISTANCE ZONE WHICH HAS SEEN A NICE SELL OFF IN THE PAST IF WE GET THE RIGHT TYPE OF BEARISH PRICE ACTION LOOK TO SELL INTO THE 23.00 ZONE
STOCH BEGINING TO SHOW DIVERGENCE
TP 1ST TARGET 24.25
TP 2ND TARGET 23.80