Price is facing bullish pressure from our first support in line with our horizontal pullback support, 61.8% fibonacci retracement and 78.6% fibonacci extension where we could see a bounce above this to our first resistance target.
Trading Recommendation
Entry:1.2704
Reason for Entry:
horizontal pullback support, 61.8% fibonacci retracement and 78.6% fibonacci extension
Take Profit: 1.2793
78.6% fibonacci retracement and 78.6% fibonacci extension
Stop Loss: 1.2629
Reason for Stop Loss:
horizontal swing low support
