Price may bullish from 1st support at 0.73159 at 61.8% Fibonacci extension to 1st resistance at 0.73836 in line with 61.8% Fibonacci retracement and 78.6% Fibonacci extension. Otherwise price may bearish to 2nd resistance at 0.72894 in line with 78.6% Fibonacci extension.
Trading Recommendation
Entry: 0.73159
Reason for Entry:
61.8% Fibonacci extension
Take Profit: 109.326
Reason for Take Profit:
61.8% Fibonacci retracement and 78.6% Fibonacci extension
Stop Loss: 0.72894
Reason for Stop Loss:
78.6% Fibonacci extension
