Price approaching its resistance at 1.1119 where it could potentially drop to its support. Ichimoku cloud is also showing signs of bearish pressure.
Entry: 1.1119
Why it's good : 100% Fibonacci extension, 23.6% Fibonacci retracement, Horizontal pullback resistance
Stop Loss : 1.1180
Why it's good : 61.8% Fibonacci extension, 38.2% Fibonacci retracement, horizontal pullback resistance
Take Profit : 1.1029
Why it's good: horizontal swing low support
