I have a nice resistance zone between 1.2415 and 1.2441. On daily chart the trend is still down and the fibs are still holding. Yes I know there was a nice bullish engulfing on a weekly chart but fundamentals just don't back it up .. not yet. Here's the daily chart and this seems to me another bear flag but I could be also wrong: Now a wide 4h chart to point out the SR zone I was writing about p…