Price is facing bullish pressure from our first support in line with our horizontal pullback support, 38.2% fibonacci retracement and 61.8% fibonacci extension where we could see a bounce above this to our first resistance target.
Reason for Entry:
horizontal pullback support, 38.2% fibonacci retracement and 61.8% fibonacci extension
Take Profit: 1.36941
Horizontal swing high resistance
Stop Loss: 1.35711
Reason for Stop Loss:
50% fibonacci retracement and 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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