Price is facing bearish pressure from our first resistance, in line with our horizontal swing high resistance, 78.6% fibonacci extension and 78.6% fibonacci retracement where we could see a reversal below this level to our first support target. Stochastic is testing resistance as well, where we could see a reversal below this level.
This analysis is provided as general market commentary and does not constitute investment advice. Past performance is not indicative of future results
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