Summery:
Primary Trend: Bearish (see last peak red dot)
Secondary Trend: Bullish (see last zigzag)
Resistance: 1,12860 (FIBO 100)
Support: 1,10000(FIBO 61.8)
Comment: Price is testing FIBO 61.8 and also quotation seems want to come out from the overbought zone. Probably this point can be the end of last bullish zigzag trend.
Suggestion: If price breaks down FIBO 61.8 and moves on oscillator from above to below the overbought line definitly would be a great opportunity to enter short in closing bar.
Good Luck!
