Here’s another daily chart where I’ve applied the Fibonnaci retracement levels to its most recent swing high and most recent swing low. Notice how the pair found resistance nicely on its 76% Fib line. If this resistance holds, I see the pair falling down and finding support on its 61% Fib line. If the resistance breaks, then it’ll try and break the 1.2300 level.
Attached Image
"Do or do not. There is no try" ~Yoda