Confluences Daily Support Rejection 61.8% Fib Rejection. 3rd Bounce of Daily Trendline. Double Bottom Potential New Highs.
If price holds Daily Support and 61.8% Fib retracement we could see further bullish movement up to the 1.76500 area. A break past this level we could be looking for targets of the 1.78000 area.
Currently awaiting a break and close above the Counter Trendline.
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No trade was entered due to price not breaking and closing above the counter trendline and also daily support failed to hold.