is approaching our first resistance at 1.3399 (horizontal swing high resistance, 76.4% Fibonacci retracement
, 61.8% Fibonacci extension
) where a strong drop
might occur below this level pushing price down to our major support at 1.3274 (100% Fibonacci extension
, horizontal swing low support).
is also approaching resistance where we might see a corresponding drop
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Losses can exceed the initial investment so please ensure you fully understand the risks.