We are bouncing the 0.5 Fib levels and the stochastic is under some heavy pressure. Ont the H4 we also note the Stochastic is in a overbought state. On the weekly we are bouncing the 0.618 Fib level. And this is the one I just love..... The EMA50 is aligning with the 0.775 level giving nice protection. Also note the strong down trend on this pair.