Price is approaching our first support in line with our ascending trend line, 78.6% fibonacci retracement and 100% fibonacci extension where we could see a bounce above this level.
Trading Recommendation
Entry: 0.90397
Reason for Entry:
ascending trend line, 78.6% Fibonacci retracement and 100% fibonacci extension
Take Profit: 0.90678
Reason for Take Profit:
Horizontal swing high resistance
Stop Loss: 0.90301
Reason for Stop Loss:
Horizontal swing low support, 61.8% Fibonacci retracement
