Type:
Bearish Reversal

Key Levels:
Resistance:1.97657
Pivot:1.96901
Support:1.94053

Preferred Case:
Price is reacting at the graphical overlap, we can then expect price to make a reversal. We can expect price to drop from pivot level in line with 61.8% Fibonacci projection towards 1st Support in line with 127.2% Fibonacci projection and 38.2 % Fibonacci retracement.

Alternative Scenario:
Alternatively, price might push up to the 1st resistance in line with 78.6% Fibonacci projection.