pair initially fell during the day on Thursday, breaking down below the 1.30 level given enough time. We ended up turning right back around to form a hammer during the session on Thursday and that of course is a very bullish sign. At this point in time, if we can break above the top of the hammer, it could very well be a signal to start buying. However, there is the 200 day exponential moving average above as pictured on the chart, so that could be a bit of a stumbling block. With that being the case, expect quite a bit of volatility, but it is very possible that we could send this market higher and with that being the case it is a very interesting pair for us at the moment.