• Pair consolidates within 0.7795/0.7860 range
  
  
• Downside is supported by the 21 DMA at 0.7799
  
  
• Short in play, adjusted stop to the top of the day at 0.7826
  
  
• Channel from beginning Feb, 0.7680, 0.7826 parameters
  
  
• Risks prevail in short trade