The CFTC report shows institutions increased their short positions.
From a technical perspective, 0.6815 to 0.6805 area has to break for the next big down leg.
Key fib price levels are;
0.6720 to 0.6710
0.6560 to 0.6545
0.6375 to 0.6350
A long term price line from August 2015 was broken in October 2017 and then acted as resistance for the next leg down.
We have been short since 0.6905. There is plenty of down side here, the is not over sold, MA's are crossing and the histogram should soon start to put in bars below the zero line. Lower highs and lower lows are being set, all the bounces are shorts.
Daily resistance is 0.6890/0.6880/0.6840.
We will add to our short on a bounce towards 0.6880-0.6870 zone.