All those contrarians out there, like myself, should keep a close eye on this pair. If the 200-dma can hold again then we should see a fairly sharp sell-off ensue (see chart).

My suggestion is to sell any intraday rallies to 94.30 with stops above 94.80. If an hourly top starts to form below the 200-dma, then I would look to increase the position keeping stops fairly tight with a target at 90.00.