has fallen sharply today but we could see some support come in around this level at 1.133200. This level its self has provided some good support / resistance in the past. We also have the 61.8% Fibonacci retracement
level of the rally from the 3rd of April low and the 78.6% Fibonacci retracement
of the rally from the 19th to the 28th of March. The S2 daily pivot point
level also coincides with this zone which is marked on the chart by the blue rectangle
is over sold, we have yet to see a bullish
crossover but it is turning up indicating momentum is shifting to the upside.
Possible long trade set up, risk to reward 5.3:1