Price is approaching its resistance at 1.0597 where it could potentially reverse to its support at 1.0552.
Entry : 1.0597
Why it's good : horizontal swing high resistance, 61.8% Fibonacci extension,38.2% Fibonacci retracement
Stop Loss : 1.0648
Why it's good : 61.8% Fibonacci extension, 61.8% Fibonacci retracement
Take Profit : 1.0552
Why it's good : 61.8% Fibonacci retracement, horizontal pullback support
*The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade.
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