Falling towards 50% Fibonacci support?USOUSD is falling towards the support level that is an overlap support that lines up with the 50% Fibonacci retracement and could reverse from this level to our take profit.
Entry: 67.83
Why we like it:
There is an overlap support level that lines up with the 50% Fibonacci retracement.
Stop loss: 66.26
Why we like it:
There is a pullback support level.
Take profit: 70.43
Why we like it:
There is a pullback resistance level.
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