The pair has reached our second detected technical target of the bearish short term scenario at 150.60 as we discussed last Friday. Now, additional bearishness is still in favor as the daily chart is forming a [double top formation] with a neck line at 146.80 zones. The breakout occurred to the bullish channel supports our overview. Note that, AROON is still support the negative direction.
Trading range for today is among key support at 144.60 and key resistance at 155.80.
The general trend is to the downside as far as 167.40 remains intact with target at 116.00.