Technical Analysis for Crosses
Yesterday's candlestick-secondary image- proved the strong bearish trend obtained from the suggested Elliott count as seen on our provided chart. This bearish pattern encourages us to say that additional bearish actions could be seen over intraday basis, particularly if the pair stabilized below 132.95 zones.
http://www.actionforex.com/technical-analysis/daily-forex-technicals/technical-analysis-for-crosses-20100302107829/