Price has now retraced 61.8% of the last thrust down from 1.3290 to 1.3000 and formed another double top 1.3180.
Chart below shows the trend and the pull back to the 61.8% fib level
I am looking to enter a short trade on the break of the short term support, shown by the red trend line on the chart below.
I will update with levels once price has broken the support and begins to pull back for the entry.
Scott
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