Possible short opportunity brewing
Price has found support at 0.896
Price has retraced to the 61.8% Fibonacci level
There is confluence with the 200EMA and a previous pivot point around 0.890
Price is likely overbought
Watch for selling opportunities targeting the 38.2% Fibonacci level/0.894 support zone
Price has retraced to the 61.8% Fibonacci level
There is confluence with the 200EMA and a previous pivot point around 0.890
Price is likely overbought
Watch for selling opportunities targeting the 38.2% Fibonacci level/0.894 support zone
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