TH/USD is falling towards a support level which is a a pullback support that lines up with the 50% Fibonacci retracement and could bounce from this level to our take profit.
Entry: 3,814.42
Why we like it:
There is a pullback support level which lines up with the 50% Fibonacci retracement.
Stop loss: 3,779.23
Why we like it:
There is an overlap support level.
Take profit: 3,881.38
Why we like it:
There is a pullback resistance level.