Price is approaching our first support at 82.10 (horizontal pullback support, 100% Fibonacci extension , 38.2% Fibonacci retracement , short term ascending support line) where a strong bounce might occur above this level pushing price up to our major resistance at 83.18 (horizontal swing high resistance 61.8% Fibonacci extension , 61.8% Fibonacci retracement ).
Stochastic (34,5,3) is also approaching support and we might see a corresponding rise in price.
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