Fibonacci Retracement to the 0.61 level 75.50, with a stop loss of 76.60. We had a rejection at 76.60 to confirm we are in a downtrend. Would have been better to enter this trade earlier however we can still make a fairly easy 50 pips.
Trade : SHORT to 75.50
T/P: 75.50
S/L: 76.60