After failing to break back above the 200 day MA its been all one way traffic. We favour an overall test of the 0.7125 2011 lows with the 200 week MA seen just above at 0.7131. We look to sell bounces back to Fridays 0.7706 highs and will stop above 0.7833 if set. Solid support in the 0.7521-47 region may slow the move initially.