The pair witnessed a sharp fall since past 2 consecutive trading weeks after posting a high of 1.02434. Going ahead, prices are likely to hold above 0.9830 on further weakness and likely to trade mixed in the coming week. The pair have extended 100% fibo extension of its previous leg and have turned down sharply. Although I was expecting a pullback ahead of the final leg upside which I have projected in my previous update but that didn't happen.