DAILY CHART THERE IS BEARISH RSI(14) DIVERGENCE.... WE WAIT FOR A BREAK BELOW 132.000 TO INITIATE SWING SHORT POSITIONS, HEADING TO 50% FIB LEVEL
PRICE RESPECTED 61.8% SUPPORT ZONE AROUND 0.69450.. ALLOWING US TO ENTER LONG
PRICE RESPECTED THE 61.8% RESISTANCE ZONE AROUND 1.10807 .. SO WE ENTER SHORT
FIB LEVEL 61.8 RESPECTED WITH FIB STICKS FORMED AT THE ZONE THUS ALLOWING US TO PLACE A SHORT ENTRY TO 0.97090 AS TARGET.
FIB LEVEL 50% RESPECTED... SL ABOVE 61.8% ZONE, TP AT 12.82800
PRICE RETRACED TO 50% SUPPORT ZONE, SL BELOW 61,8%, TP AT 89.300