is approaching our first resistance at 1.3468 (horizontal swing high resistance, 61.8% Fibonacci extension
) where a strong drop
might occur to our major resistance at support at 1.3340 (horizontal pullback support, 61.8% Fibonacci extension
(55,5,3) is also approaching support where 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.