The analysis focuses on SUIUSD using Elliott Wave Theory and Fibonacci retracement on the daily timeframe. The market is testing the $3.09 level, representing the 61.8% Fibonacci retracement of a rally from late June to late July. This rally is viewed as a five-wave structure. A corrective pullback is expected. The support area for bulls lies between $2.75 and $3.33, with the price currently around the golden ratio level. The price has tested this support multiple times. Resistance is expected at $3.21 to $3.38. As long as it stays below this level, evidence that it is working on upside reversal does not show. The next target will be $2.95 and the lower boundary line is currently coming in around $2.82.