Bullish rise off 50% Fibonacci support?DOG/USD has reacted off the support level which is an overlap support that lines up with the 50% Fibonacci retracement and could potentially rise to our take profit.
Entry: 0.1564
Why we like it:
There is an overlap support level which aligns with the 50% Fibonacci retracement.
Stop loss: 0.1482
Why we like it:
There is a pullback support level.
Take profit: 0.1718
Why we like it:
There is a pullback resistance level.
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