Bearish Reversal

Key Levels:
Resistance: 114.167
Pivot: 113.998
Support: 113.348

Preferred Case:
Prices are on bearish momentum. We see the potential for a sell entry at 113.998 in line with 78.6% Fibonacci retracement and 61.8% Fibonacci extension towards our Take Profit at 113.348 which is an area of Fibonacci confluences.

Alternative Scenario:
Alternatively, prices may climb towards our 1st resistance at 114.167 which is a recent reaction point.