On the Daily chart next lower target is .8727 and if that is breached then the next lower target is .8712 and if that is broken then fear and panic will take it much lower watch for a reverse[ doji] formation to occur before going long on the daily chart. On page 194 of Profitable Candlestick Trading by Stephen Bigolow there is a chapter called Greed and Fear---Exuberance and Panic. the book is mainly for stocks but can be applied to commodities . If your interested in knowing how to get in a trade to the tick with only a 8 tick risk like i do just send email with subject title[ 8 tick risk].,