Price is now testing major resistance at 87.81 (23.6% Fibonacci retracement, 38.2% Fibonacci retracement, 61.8% Fibonacci extension, horizontal overlap resistance) and a strong reaction could occur at this price. Our next major level of resistance is at 88.01 (Fibonacci retracement) and our next major level of support is at 87.34 (Fibonacci extension, horizontal swing low support).
Stochastic (34,3,1) is seeing major resistance at 99% where a corresponding reaction could occur.
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