is approaching our first resistance at 114.03 (horizontal overlap resistance, 38.2% Fibonacci retracement
, 61.8% Fibonacci extension
) where a strong drop
might occur below this level pushing price down to our major support at 113.12 (horizontal overlap support, 61.8% Fibonacci extension
, 50% Fibonacci retracement
(89,5,3) is also approaching resistance where we might see a corresponding drop
in price should it react off this level.
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