Having come from quite a large impulse to the down side I do believe we are due a slightly larger pullback/correction. to highlight we are still in a bearish
cycle we have recently broken a daily low. My ideal area of interest would be on the 3rd touch of this descending trendline
. In this region we line up perfectly with the 1.79000 key level and also the 50% fibonacci retracement
level. This would be extremely clean.