is approaching our first support at 1.1333 (horizontal swing low support, 78.6% Fibonacci retracement
, ascending channel’s support) where a strong bounce might occur above this level pushing price up to our major resistance at 1.1421 (horizontal overlap resistance, 38.2% Fibonacci retracement
(55,5,3) is also approaching our first support where we might see a corresponding bounce in price.
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