Technicals: *A clear impulse and correction taking place. * For those bullish on this pair you may be saying we are having a higher low. But The correction of the recent push exceeded the maximum retracement level of 0.786%. *I will be looking this week to short this pair after the small correction is over. *In the last impulse the retracement hit the .786%. So i will be looking for one more good push down before any bulls come out of the pin.