Price is retesting trendline resistance at pivot level at 109.940, in-line with 78.6% Fibonacci retracement level, 161.8% Fibonacci extension level and trendline resistance. Price could potentially drop to support at 109.340, in-line with 61.8% Fibonacci retracement level, 61.8% Fibonacci retracement level and horizontal overlap support. Stochastic is also...
Price is approaching pivot level at 1.37660 which is in line with 78.6% Fibonacci retracement level, 78.6% Fibonacci extension and ascending trendline support. Price could potentially bounce to resistance at 1.39110, in-line with 78.6% Fibonacci retracement and 78.6% Fibonacci extension level. RSI is also at support where previous bounces occurred.
Alternatively,...
