Short-term short for the following reasons:
1. Looking at structure, the 1.41 area has recently acted as support and resistance.
2. 61.8% fib from February´s high/low
3. Potential bat - B point formed at exactly 50% fib and an ideal D point of 88.6% would confluence with previous reasons.
1. Looking at structure, the 1.41 area has recently acted as support and resistance.
2. 61.8% fib from February´s high/low
3. Potential bat - B point formed at exactly 50% fib and an ideal D point of 88.6% would confluence with previous reasons.