Price is approaching its resistance where it could potentially reverse back down to its support at 0.6861.
Entry : 109.012
Why it's good : 23.6% Fibonacci retracement, 61.8% Fibonacci extension, horizontal pullback resistance
Stop Loss : 109.944
Why it's good : 76.4% Fibonacci retracement
Take Profit : 108.147
Why it's good : 76.4% Fibonacci retracement, horizontal swing low support, 100% 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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