A.) Prices dropped in December, falling from 93.10 to 88.6 -- a drop of nearly 5%.
B.) The dashed diagonal line in the Fibonacci calculation also serves as a trend line. Prices broke this line at point B.
C.) Prices have risen to the 50% Fibonacci retracement level and have falled back to the 38.2% Fibonacci level.
Notice the EMA positions.
-- Prices are below the 200 day EMA
-- The 10 and 20 day EMA have moved sideways indicating a neutral price path
-- Prices and the EMAs are in a tight range, indicating traders don't know where to send prices next.
