Preference:

Price has been testing around our Pivot at 113.913 in line with 100% Fibonacci extension and bearish trendline, and has the potential to dip towards our 1st support at 113.207 in line with 61.8% Fibonacci extension and 38.2% Fibonacci retracement.

Alternative Scenario:

Alternatively, prices may climb higher towards our 1st resistance at 114.201 in line with 61.8% Fibonacci extension.

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