Price is facing bullish pressure from the first support level, in line with the 61.8% fib retracement where we could see a bounce to our resistance level at 1.3194. Stochastics also shows that price is reaching support.
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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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.