EUR/AUD H4 | Falling to overlap supportEUR/AUD is falling towards an overlap support and could potentially bounce off this level to climb higher.
Buy entry is at 1.6516 which is an overlap support that aligns close to the 38.2% Fibonacci retracement level.
Stop loss is at 1.6383 which is a level that lies underneath an overlap support and the 61.8% Fibonacci retracement level.
Take profit is at 1.6706 which is a swing-high resistance that aligns with the 50.0% Fibonacci retracement level.
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