Preference:
Price is consolidating in a triangle. We see potential for Prices to climb higher from our Pivot at 1.91785 in line with 38.2% Fibonacci retracement towards our 1st resistance at 1.93857 in line with 61.8% Fibonacci retracement and 161.8% Fibonacci extension.
Alternative Scenario:
Alternatively, prices may dip towards our 1st support at 1.91278 which is an area of Fibonacci confluences.
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