The pair rebounded again at the short trendline to try to get up, right now, to 1.03 again. If it doesn't make it, the price will try again to enter the bearish trendline. Above, the price already has two main resistances. The most distant is 1.05, December's high, and 1.0395, resistance from these last days. If it continues building lower highs so well defined, the price will head down to parity. If it breaks it, it will then break the 200 days MA, leaving a target at 1.07. This level is the fibo 38.2 marked from 1.1967 to 0.9916.
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