- Edited on December 2, 2021
- VIP Portal
Preference:
Prices are on a bullish momentum and abiding to our bullish trendline. We see potential for a bounce from our Pivot at 100% Fibonacci extension towards our 1st resistance at 113.434 which is an area of Fibonacci confluences.
Alternative Scenario:
Alternatively, prices may dip towards our 1st support at 112.066 in line with 127.2% Fibonacci extension.