The plunge rests on a 61.8% Fib. fan from the beginning of the July 2013-'14 Bull Trend. If the pair breaks the orange line, it might as well reach 1.5000(0).
Around .8720, may be a good place to enter short / re-enter.
This fan from the 2011 Highs has some interesting touches
but the 50% line has acted more often as support
thus far. On the other hand, if this 50% line is broken it would
become a good short target as the pair descends.