From here, prices look poised to challenge the 50% Fibonacci retracement at 1.1007, with a break above that on a daily closing basis opening the door for a challenge of the 61.8% level at 1.1122. Alternatively, a move back below the 38.2% Fib at 1.0892 sees the next layer of support at 1.0818, the May 27 low, followed by the 23.6% retracement at 1.0750