Price reversed off key resistance at 111.14 where it could potentially drop further.
Entry : 111.14
Why it's good :50% Fibonacci retracement, 61.8% Fibonacci extension, horizontal pullback resistance
Stop Loss : 111.63
Why it's good : horizontal swing high resistance,61.8% fibonacci retracement, 100% Fibonacci extension
Take Profit : 110.07
Why it's good horizontal swing low support,78.6% fibonacci retracement.100% Fibonacci extension
