Preference:
Prices are on a bullish momentum and abiding to a bullish trendline. We see potential for prices to climb from our Pivot at 114.255 in line with 100% Fibonacci retracement and 100% Fibonacci extension towards our 1st resistance at 114.659 which is an area of Fibonacci confluences.
Alternative Scenario:
Alternatively, prices might dip towards our 1st support at 113.805 in line with 50% Fibonacci retracement.
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