I noticed that this pair had made a level of resistance just below the 61.8 fib of the 2011 price range. I understand that this is a long term statement but at this point if we were to look at a annual chart, 2012 would be the inside bar or a harami bar. It is worth it for me to short this pair at this point. The p/L ratio is pretty well in my favor and my risk is very managable and add on oppurtunities may be abundent on pull backs.