is approaching our first support at 0.6837 (horizontal swing low support, 23.6%, 61.8% Fibonacci retracement
, 100% Fibonacci extension
) where a strong bounce might occur above this level pushing price up to our major resistance at 0.6886 (horizontal swing high resistance, 38.2% Fibonacci retracement
(89) is also approaching support and we might see a corresponding bounce in price.
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Losses can exceed the initial investment so please ensure you fully understand the risks.