DislikedI have my fibs for that move in pretty much the same area, 1.3745 on my chart. I also have previous strong resistance at 1.3630 or so, with no real reason that I can find, just seems to be a recurring area of S/R. Seems stuck in an area between the pysch level at 1.3500 and these 2 areas. It will break one way or the other eventually. I am leaning toward the move south at 1.3400 area and then further toward 1.3000. Just a guess at this point.Ignored
I am kind of in the same boat. I am underwater for the day for having gone short last night at 1.3486. I am hesitating to take the loss though because the swing higher failed to make a higher daily high.
Anything is possible, but the 1H chart is screaming south....I don't know it's anyone's guess at this point.