We have an orange report on open tonight from the Kiwis, the retail sales report, on average, the forecast has been far away from the actuals. We could, therefore, see a little bullish rally in the Asia session, historically, this has happened on declining volume and subsequently reversed in the UK session back in the direction of the trend, be patient, there are too many variables sending this pair much lower this week. Any pullback, use that as your entry.
If however, the numbers are negative, those in Europe and the UK, will see us at the next level of support North of 1.94.