Friday's highest was around 1.05706. We called it Fibo 100%.
In the Asian session, the banks/traders tried to break Friday's highest but were unsuccessful.
When London opened, traders were able to break through up to Fibo 123.6%.
Fibo 123.6% became a resistance.
They tried to break Fibo 123.6% four times but failed.
When New York opened, traders went down to Fibo 76.4%.
They traded up but then still have a resistance at Fibo 123.6%.
Finally, near the end of London session, they broke through the resistance and went up to Fibo 161.8%.
They tried to reach Fibo 176.4% but failed.
After that, it's all downhill.
Fibo is fun alright!