The drop below 93.50 eliminates the bullish triangle count and leaves us with the bearish count in which the decline from 101.50 is a series of 1st and 2nd waves. Resistance from Fibonacci extends to 95.00. Bears are favored against 97.00.
The drop below 93.50 eliminates the bullish triangle count and leaves us with the bearish count in which the decline from 101.50 is a series of 1st and 2nd waves. Resistance from Fibonacci extends to 95.00. Bears are favored against 97.00.