Price is facing bullish pressure from our ascending support line in line with our 38.2% fibonacci retracement where we could see a bounce above this level to our first resistance target.
Trading Recommendation
Entry: 0.72261
Reason for Entry:
ascending support line in line with our 38.2% fibonacci retracement
Take Profit: 0.72686
Reason for Take Profit:
horizontal swing high resistance
Stop Loss: 0.72113
Reason for Stop Loss:
Horizontal pullback support, 61.8% fibonacci retracement, 127.2% fibonacci extension
