The fact that it is a daily , 61.8 Fib level and profits taking level means that we have potential for a pullback move. You can also see that wee have daily to support and upward move.
0.775 is a potential daily target level ( and a good place to look to sell for continuation move).
If the pair will continue to fall, it will reach secondary target level near 0.757.
Join the Elite Zone for more trade ideas and advanced