Could be a possible entry right now for a SHORT, or you could try and see if it will retrace back to the 100 MA and then fall off.
But let's see what it does. I believe, that it can go lower to at least around 47.20 level. If that level will hold, then we could see a bounce towards the upside again, as the general trend is up. But if the get's easily broken, then a change in the direction to the downside is here to stay for a while.
As always, be careful and keep an eye on the price action!