Monday’s gap remains unfilled and keep n/t focus shifted lower

The pair stands at the back foot but still directionless after Monday’s action faced strong rejections on both sides.
Monday’s gap remains unfilled, keeping near-term bias with bears, as negative signals were boosted by close below important Fibo support at 110.73 (61.8% of 109.71/112.40 rally).
Strong bearish momentum and multiple bear-crosses of daily MA’s add to negative outlook, which requires confirmation on repeated close below 110.73 Fibo support.
Bears eye cracked Fibo support at 110.34 (76.4%) and psychological 110 level in extension.
Only bounce and close above 111.05 (Friday’s close / broken Fibo 50% / falling 5SMA would ease bearish pressure.

Res: 110.85; 111.05; 111.37; 111.50
Sup: 110.57; 110.30; 110.00; 109.71