Price is testing its 1st support where we have a slight bias that it still has more downside potential. If it breaks past its 1st support, we expect a further move down to its 2nd support.
Entry : 0.6900
Why it's good : 50% Fibonacci retracement, 100% Fibonacci extension, horizontal swing low support
Stop Loss : 0.6932
Why it's good : horizontal swing high resistance
Take Profit : 0.6871
Why it's good : Horizontal swing low support, 100% Fibonacci extension
