Breaking down from the sideways channel.
After a great move up, price has moved below the support. Now a lower high and lower low has been printed. Event forming an inverse cup and handle pattern. Not good.
CL (Crude Oil)
Rejected by 16.15 for a higher low. Need the higher high at 16.66.
Long term is weakness seen by the 200MA. In the short and medium term this currency pair is difficult to predict.