After a massive unexpected pullback to the downside we can hopefully see this pair rocket up. This is just a possibility and my opinion. There is definitely more room for it to drop lower if it wants to for more corrective moves however i believe with the way its been behaving recently over last couple months we should see it go long.
Price is reaching the 61.8 Fib therefore possible short. Retracement; we are in an obvious downtrend. The blue zone also indicates a previous support zone as marked on the left. We should profit approx 190+ pips.