Type:
Bearish Reversal

Key Levels:
Resistance: 114.279
Pivot: 113.753
Support: 113.054

Preferred Case:

Prices are on bearish momentum. We see potential for a dip from the Pivot at 113.753 in line with 38.2% Fibonacci retracement and 127.2% Fibonacci extension towards our 1st support at 113.054 in line with 61.8% Fibonacci retracement and 127.2% Fibonacci extension.

Alternative Scenario:

Alternatively, prices may climb higher towards our 1st resistance at 114.279 in line with 200% Fibonacci projection and 61.8% Fibonacci Retracement.