The sharp fall from .9325 to .8715 has it’s 61.8% retracement level at .9090 and the 100-day MA is at .9080. These levels capped yesterday’s rally. The hourly chart is showing a 3-wave retracement which is looking at topping out and a break below .8980 would suggest to me that the down move is back in control. If this happens, I’ll be looking to add to my shorts on rallies with partial stops above .9100 and again above .9180. My target for this move is .8400.