Price holding below descending trendline resistance. After pulling back to the 61.8% fib retracement, price is likely to drop from there towards our 1st support where the 61.8% fib extension is.
Trading Recommendation
Entry: 0.9025
Reason for Entry:
Horizontal swing low
Take Profit: 0.9008
Reason for Take Profit:
61.8 % Fibonacci extension
Stop Loss: 0.9043
Reason for Stop Loss:
61.8% fib retracement
