It has been very slow work, but I think by stealth, price has managed to make it to the last bearish barrier of the Fibonacci retracement grid (comprised of Gann Lines; 1x4 is the last one standing) of last week's high/low range, with very little telegraphing of the fact, or price decay. Price has already tested the 50% fibo line, and a break up to the daily pivot, would do no harm to the bullish follow through in 'c' up from the 1.3501 low last week. A push up, would also keep the 25/50day trend cross in a bullish formation as well, which means I'll keep buying lower bolly band bounces for now. The monthly and annual grids suggest 1.3720 is the next key line above here, where a larger degree move would be decided - I'll come back to that later, if price gets there today/tomorrow.
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