Price is approaching first support where we are expecting a bounce from this level.
Entry : 111.390
Why it's good : horizontal swing low support,61.8% fibonacci retracement, 100% Fibonacci extension
Stop Loss : 111.206
Why it's good :76.4% fibonacci retracement, horizontal pullback support
Take Profit : 112.020
Why it's good : horizontal swing high resistance, 61.8% fibonacci retracement.100% Fibonacci extension