Price broke past its major support where we expect to see a further drop to its next support.
Entry : 0.6939
Why it's good : 23.6% Fibonacci retracement, horizontal pullback resistance
Stop Loss : 0.6963
Why it's good : horizontal pullback resistance
Take Profit : 0.6901
Why it's good : Horizontal overlap support, 78.6% Fibonacci retracement, 61.8% Fibonacci extension
*The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade.
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