This is my first time ever using the .618 fibs.... Please do not ask how I got these zones I just learned from a book. Future analysis will be posted. So far... these levels are mind blowing. I got these results from one swing high!!!!! Fibs are God!
Never underestimate the god cloud. This is a guaranteed dive!
Price may bounce from .618 fib and head downwards to 1.06 ish.....
Multiple confluences (200 EMA, Psychological level, left structure) 1.3000 then EURO dies?
Price approaching 100, 50, and 20 EMA (also psychological resistance -- line)
Personally I would pass shorting the EURO since there are multiple support levels both minor and major that could affect long term profits.