Price broke out of the upper boundary of the channel, only to comeback and test, then re-enter the channel.
If the 1.09500 area does not hold up, look for price to drop quickly to the 1.0610 area. There is little in the way in terms of horizontal support or resistance.
There is some support at the .50 fib area, but the strongest support is at the ,618 area.
If the 1.09500 area does not hold up, look for price to drop quickly to the 1.0610 area. There is little in the way in terms of horizontal support or resistance.
There is some support at the .50 fib area, but the strongest support is at the ,618 area.