is approaching our first support at 56.70 (horizontal swing low support, ascending channel
support, 78.6% Fibonacci retracement
, 100% Fibonacci extension
) and a strong bounce might occur above this level pushing price up to our major resistance at 67.37 (100% Fibonacci extension
(89,5,3) is also approaching support and we might see a corresponding bounce in price should it react off this level.
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