I wrote yesterday that “a daily close beneath the support line that has held since March would signal that a top is most likely in place.” Price closed at the line yesterday but is below the level currently. The 200 day SMA is at .7330 and defends the high at the same level. RSI has dropped from above 70 and broken its own trend. There is enough evidence to suggest that the entire advance from .60 is complete in the guise of a complex correction (W-X-Y).