Potential to drop further!
Price broke past its support turned resistance at 0.7693 which confirms a possible move down to its next support at 0.76615 (61.8% Fibonacci extension, 78.6% Fibonacci retracement, horizontal swing low support).
Stochastic (89, 5, 3) reversed off its resistance at 94% where it has a lot of downside potential.
Stochastic (89, 5, 3) reversed off its resistance at 94% where it has a lot of downside potential.
Trade closed: target reached
Support target reached! nice!
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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.