is approaching our first resistance at 1.3249 (horizontal swing high resistance, 100% Fibonacci extension
, 61.8% Fibonacci retracement
) where a strong drop
might occur below this level pushing price down to our major support at 1.2884 (horizontal swing low support, 38.2% Fibonacci retracement
(34,5,3) is also approaching resistance where we might see a corresponding drop
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