is approaching our resistance at 0.7166 (horizontal swing high resistance, 78.6% Fibonacci retracement
, 100% Fibonacci extension
) where a strong drop
might occur below this level pushing price down to our major support at 0.7047 (61.8% Fibonacci retracement
, horizontal swing low support, 76.4% Fibonacci retracement
(55,5,3) is also approaching resistance where we might see a corresponding drop
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Losses can exceed the initial investment so please ensure you fully understand the risks.