Price broke past its intermediate support which confirms a further drop.
Why it's good : 23.6% Fibonacci retracement
Stop Loss : 0.7046
Why it's good : 61.8% Fibonacci extension, horizontal swing high resistance
Take Profit : 0.6994
Why it's good: 38.2% Fibonacci retracement, 61.8% Fibonacci extension, 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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