Type: Bearish ReversalKey Levels:Resistance:Pivot:Support:Preferred Case:Prices are at a strong resistance level. We see the potential for a dip from our Pivot at 115.303 in line with 23.6% Fibonacci retracement towards our 1st support at 114.537 in line with 78.6% Fibonacci retracement and daily ascending trendline. Prices are transcending through our bearish Ichimoku clouds, further supporting our bearish bias.Alternative Scenario:Alternatively, prices may climb further towards our 1st resistance at 115.63 in line with 61.8% Fibonacci retracement.
Source: Tickmill