Price is testing major descending resistance at 1.5419 ( bearish channel
resistance, horizontal overlap resistance, 61.8% Fibonacci retracement
) and a strong drop
could possibly occur at this level to push price down towards 1.5285 support ( Fibonacci extension
, horizontal swing low support). Our next major level of resistance is at 1.5478 (78.6% Fibonacci retracement
, horizontal break out resistance level
(34,5,3) is seeing major resistance below 96% where a corresponding drop
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