The cross has touched the .786 Fibo yesterday and then retreated and has now broken out of the channel to the downside. Currently sitting on the .500 Fibo @ 0.9150. Targets are the S3 @ 0.9131 and the 0.9091 which is strong support (0.382 and Support). It is NFP this week so that may be all that it can do.
Forex