Bearish Reversal

Key Levels:
Resistance: 1.13879
Pivot: 1.13602
Support: 1.12729

Preferred Case:
With price approaching a significant area of resistance on the graphical level and the stochastics indicator, we are biased that price will drop from pivot at 1.13602 in line with the 78.6% Fibonacci retracement and said resistance to 1st support at 1.12729 where the swing low support and 78.6% Fibonacci retracement is.

Alternative Scenario:
Alternatively, price may break pivot structure and head for 1st resistance at 1.13879 in line with the 161.8% Fibonacci extension level.