Preference:
Prices are on a bearish momentum. We see potential for prices to dip from our pivot at 0.91527 in line with 23.6% Fibonacci and 38.2% Fibonacci retracement towards our 1st support at 0.90829 in line with 78.6% Fibonacci retracement.
Alternative Scenario:
Alternatively, prices may climb towards our 1st resistance at 0.92267 in line with 50% and 61.8% Fibonacci retracement.
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