Each fib level on the CD leg is in confluence
with Mothly Pivot Resistance levels which
increase the overall resistance. A move below
Monthly PP at 101,78 and the Horizontal support/
resistance at 101,48 will shift ST bias to the downside.
A daily close above 104 will likely advance upward
move.Note that Yearly R1 is in pip to pip confluence
with 127extension of CD leg at 111,50.
with Mothly Pivot Resistance levels which
increase the overall resistance. A move below
Monthly PP at 101,78 and the Horizontal support/
resistance at 101,48 will shift ST bias to the downside.
A daily close above 104 will likely advance upward
move.Note that Yearly R1 is in pip to pip confluence
with 127extension of CD leg at 111,50.