The price is falling towards the support level which is an overlap support that aligns with the 38.2% Fibonacci retracement and could bounce from this level to our take profit.
Entry: 1.3266 Why we like it: There is an overlap support level that aligns with the 38.2% Fibonacci retracement.
Stop loss: 1.3211 Why we like it: There is a pullback support level that aligns with the 50% Fibonacci retracement.
Take profit: 1.3424 Why we like it: There is a pullback resistance level.
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