The pair is consolidating below 83.00, so we look for additional declines towards the 79.75-80.00 support area, right where the 50-Day SMA resides, or lower ahead of the 78.10-78.50 support area, right where both the 100-Day SMA and the 200-Day SMA reside. Any recovery is expected to be capped ahead of 84.00. However, a break and consolidation above 84.00 would allow testing the 85.50 resistance. Edward Smith, technical analyst of company Admiral Markets. At any use of the analytical material taken from a site of company Admiral Markets, and the secondary publication on any other resources, the rights to intellectual property for a dealing centre «Admiral Markets», the reference to a company site is obligatory.