Preference:
Prices are on bullish momentum. We see potential for a bounce from our Pivot at 70.648 in line with 23.6% Fibonacci retracement towards our 1st resistance at 73.464 in line with 61.8% Fibonacci retracement.
Alternative Scenario:
Alternatively, prices may dip towards our 1st support at 68.503 in line with 50% Fibonacci retracement and 23.6% Fibonacci retracement.
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