But is it real? Currently we are at 93.79 and sitting above the .382 Fibo. There is also a day chart trend line here so a false breakout and then a bounce on the Day chart line is possible. The target area up is the R5@ 95.03 and the Down target is the .618 Fibo @ 92.67. The average daily trading range (ATR) is 111 pips.
