Price is approaching its 1st resistance ( 76.4% Fibonacci retracement,61.8% Fibonacci extension,horizontal swing high resistance) where it is expected to reverse down to its support (Horizontal overlap support,61.8% Fibonacci retracement, 61.8% Fibonacci extension).
Stochastic (34, 5, 3) is approaching its resistance where a corresponding reversal is expected
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This analysis is provided as general market commentary and does not constitute investment advice. Past performance is not indicative of future results