Conversely, the price may opt to break through the 0.236 level with a goal of testing the lower wall of the . Again, we can 'safely' assume that it will hit three targets that are also derived from a combination of S&R levels and fib levels. What is interesting about this particular idea is that an "upper play" means that there is a strong potential for the formation of a potential (marked by the red triangle). This would mean that the price already hit the wall of the back on the 22nd of May and that the would be giving way to a - which has implications on the long-term plans for this pair.
TP: 0.98142, 0.98534, 0.99039 (area)
TP: 0.96791(area), 0.96286, 0.95503