Price action has now broken trend line, and reversed off the December 2016 bull trend line (daily doji reversal).
1.1615 - 1.1620 resistance zone will act as the initial target (50% fib retracement).
Long position will be entered on pullback to 1.1510 support level.
1.1615 - 1.1620 resistance zone will act as the initial target (50% fib retracement).
Long position will be entered on pullback to 1.1510 support level.