Analysis is based on trendlines, Fib Extensions and retracements
per the trend line this is a retest and price will continue to fall till the 1.272 and 1.618. this trade requires patience
price entered into the golden ratios which is the box and will continue to go short till the 1.272 level. this is a long term trade so look for enteries on the short time frame
i use trend lines, and fibonacci retracements and extentsions, this is a long term, lets see how price moves
Price has entered the Fibonacci retracement levels and hasnt touched the 1.27 extension level, i belive price will fall to the 1.272 extenstion level