Price is reacting at the graphical overlap, we can then expect price to make a reversal. We can expect price to drop from pivot level in line with 61.8% Fibonacci projection towards 1st Support in line with 127.2% Fibonacci projection and 38.2 % Fibonacci retracement.

Alternative Scenario:

Alternatively, price might push up to the 1st resistance in line with 78.6% Fibonacci projection.

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