Preference:
Price is falling towards the pivot point of 150.354 which is a pullback support that aligns with the 100.0% Fibonacci projection level and could potentially reverse from here; we could see momentum carry price up to its 1st resistance at 150.607 which is a pullback resistance level.
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Title
Approaching Pullback Support
Type
Bullish Bounce
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منبع: https://www.tickmill.com/blog/approaching-pullback-support-27th-february-2024
