The pair dropped sharply and broke 1.1470 then 1.1370 levels strengthening our previously suggested negative expectations, and holding below the referred to levels is negative and support the downside move in the coming period.
In case of stability below 1.1370, the downside move could extend to target 1.1225 and 1.1170 and 1.1100, while breaching 1.1475 and holding above it threatens to fail the suggested expectations.