Prices are currently facing bearish pressure from descending trendline resistance. However, a short push-up might be possible towards horizontal pullback resistance in line with 127.2% Fibonacci retracement and 127.2% Fibonacci extension. Prices might bounce from 161.8% Fibonacci extension and 127.2% Fibonacci retracement. If prices push down further, the price might take support from 100% Fibonacci extension and 127.2% Fibonacci retracement.