Preference:
Prices are approaching a pivot. We see the potential for a bounce from our Pivot at 0.67781 in line with 61.8% Fibonacci extension towards our 1st resistance at 0.68524 which is an area of Fibonacci confluences.
Alternative Scenario:
Alternatively, prices may dip towards our 1st support at 0.67343 in line with 100% Fibonacci retracement.
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