i wont even muddy the water, the dollar is turning into shit, with that in consideration...
Fibs show solid rejections at .618, at price 1.2050, induced by public release of the US budget deficit at 1.9 trillion.
Expecting TP to hit 1.618 extension level, price 1.2300.
Min SL needed based on entry and analysis at 1.2035.
stay safe, happy trading!