Price is facing bearish pressure from pivot which is in line with 50% Fibonacci retracement and 78.6% Fibonacci extension. Prices might push down further towards1st support which is in line with horizontal swing low support and 38.2% Fibonacci retracement. EMA is also above prices, showing a bearish pressure for prices.
Pivot: 109.938 Why we like it: Graphical swing high resistance, 50% Fibonacci retracement, 78.6% Fibonacci extension
1st Support: 108.469 Why we like it: Graphical swing low support, 38.2% Fibonacci retracement
1st Resistance: 110.555 Why we like it: Graphical swing high resistance, 78.6% Fibonacci retracement