Prices are consolidating in a triangle. We see the potential for a bounce from our Pivot at 1.95315 in line with 61.8% Fibonacci extension and 78.6% Fibonacci retracement towards our 1st resistance at 1.97034 in line with 100% Fibonacci retracement and 78.6% Fibonacci extension.
Alternative Scenario:
Alternatively, prices may dip towards our 1st support at 1.94682 in line with 100% Fibonacci retracement.

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