Since From a Daily perspective we are bearish (CONFIRMATION FROM THE HISTOGRAM). i'm expecting the 78.6 Fib level of the recent leg to hold.
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From a Weekly Time Frame, we see the market is in a consolidation. The bulls are attempting to break the resistance Level which they have failed severaly. I expect a retest of the resistance Level and perhaps a fake out towards 1.23
It's still early to call in a sell at the 1.22223
It's still early to call in a sell at the 1.22223