We maintain a bearish bias against 1.0197. It is possible that a top is in at .9981 but a push through there would expose the 61.8% and 78.6% Fibo levels at 1.0011 and 1.0093.
The two scenarios are outlined on the chart.
We maintain a bearish bias against 1.0197. It is possible that a top is in at .9981 but a push through there would expose the 61.8% and 78.6% Fibo levels at 1.0011 and 1.0093.
The two scenarios are outlined on the chart.