Approaching Overlap Support
Title
Approaching Overlap Support
Type
Bullish Bounce
Preference:
Price is falling towards the pivot point of 0.9119 which is an overlap support level and could potentially reverse from here; we could see momentum carry price up to its 1st resistance at 0.9151 which is a pullback resistance level.
Alternative scenario:
If price breaks below the pivot point, it could hit the 1st support at 0.9105 which is a pullback support level.
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