Price is testing a key support level and a break below our downside confirmation level could provide the bearish acceleration to our support target.
Trading Recommendation
Entry: 81.154
Reason for Entry:
horizontal swing low support, 61.8% Fibonacci extension
Take Profit: 80.755
Reason for Take Profit:
Horizontal pullback support, 61.8% fibonacci retracement, 61.8% Fibonacci extension
Stop Loss: 81.453
Reason for Stop Loss:
Horizontal swing high resistance, 127.2% fibonacci extension
