The outside day last week along with RSI divergence suggests with a high probability that a top is in place. “The high of 1.0775 was just pips away from an important Fibonacci confluence at 1.0791/98 (61.8% ext. of the .9055-1.0378 advance) and 61.8% retrace of the decline from 1.1875 to .9055.
A return to the center of the triangle near parity is probably underway now (at minimum).”
