Bearish Reversal

Key Levels:
Resistance: 0.92687
Pivot: 0.9238
Support: 0.91684

Preferred Case:

Prices are on a bearish momentum. We see potential for a dip from our Pivot at 0.9238 in line with 38.2% Fibonacci retracement and 127.2% Fibonacci extension towards our Take Profit at 1st support at 0.91684 in line with 78.6% Fibonacci retracement.

Alternative Scenario:

Alternatively, prices might climb towards our 1st resistance at 0.92687 in line with 50% Fibonacci retracement and 161.8% Fibonacci Projection.