After a nice breakout from , price is retesting the trendline before a further bounce.A rise from our at 103.496 towards 1st resistance at 104.085 could be possible. Failing to edge above the would see price swing towards 1st support where horizontal swing low is.
50% fib retracement, 61.8% fib extension, trendline support
1st Support: 102.995
horizontal swing low, 76.4% fib retracement
1st Resistance: 104.085
61.8% fib retracement
Trading FX & CFDs carries high risk.