The overall trend is down. Bulls are weak and no longer confident.
There is resistance at the 23.5 Fib level.
I would expect rejection at this fib level with a strong push down to 1.2600 today then maybe 1.2500 by tomorrow.
There is resistance at the 23.5 Fib level.
I would expect rejection at this fib level with a strong push down to 1.2600 today then maybe 1.2500 by tomorrow.