With current situation with Brexit and Italy continuing, the EURO could be an interesting currency to keep an eye on. That paired with the USD strength economically and seasonally we could see further downside to come from this market. Looking at the chart technically, before we look for the short trades we need to see a clear close below the current structure lows at 1.1432. If we see that close below we could see a re-test of the 127.2 fib extension before seeing a retracement to the those structure lows where we will look for the short if the market conditions have been met.