hit the level around 0.9870/80 after the daily close below parity. It's now at around an important support. 0.9856 is 200WMA. It's also close to the bottom of the long term triangle(see the chart below). Breaking this level should be a real deal of the start of the long term downtrend of this pair. I expect it will break this level either sooner or later. The scenario now is to sell the rally. Watch the 1.0114/50 level for the resistance which was the important support. It now turns resistance. If it move right back above this resistance, don't short it.