is approaching our first support at 0.7347 (horizontal overlap support, 23.6% Fibonacci retracement
, 61.8% Fibonacci extension
) which coincides with our short term ascending support line. A strong bounce might occur above this level, pushing price up to our major resistance at 0.7395 (horizontal swing high resistance).
(89) is also approaching our major ascending support line and a bounce off this level might be a good precursor for a potential rise in price.
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