After a nice breakout from bearish trendline , price is retesting the trendline before a further bounce.A rise from our pivot at 103.496 towards 1st resistance at 104.085 could be possible. Failing to edge above the pivot would see price swing towards 1st support where horizontal swing low is. Pivot: 103.496
50% fib retracement, 61.8% fib extension, trendline support 1st Support: 102.995
horizontal swing low, 76.4% fib retracement 1st Resistance: 104.085
61.8% fib retracement Trading FX & CFDs carries high risk.