This pair at strong resistance @ 124.30-40 zone .

Price has bounced  off the 38.2Fib level on Monday and it has taken 3 day to get back to resistance zone ?. Where will price go from here2015-07-30_14-04-36

 

take a look at the charts below

Sell order : look for price to come into WM4 124.5865  WR2 124.8487 zone dr5op into a small time frame and look for a 1 2 3 pattern to enter short order .

Buy Order : expect price action around strong resistance will retrace  to a fib level 38.2% to 61.8%  around a support level.

2015-07-30_14-16-29

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