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.
Short term possible move as price needs to correct itself
Price has entered ken area of resistance. should expect a corrective drop to the downside.
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.