Potential for Bullish Continuation
On the H4, price has recently reversed off the 2nd support at 0.68528 and we have a bullish bias that price will rise from the 1st support at 0.69175 in line with the 23.6% fibonacci retracement to the 1st resistance at 0.72678 in line with the 100% fibonacci projection and 50% fibonacci retracement.
Alternatively, price may reverse off the 1st support and drop back down to the 2nd support in line with the multiple horizontal swing lows.
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