On the H4, with the Stoch is rising from the support level, we have a weak bullish bias that the price may rise from the 1st resistance at 0.67284, which is in line with the 23.6% fibonacci retracement to the 2nd resistance at 0.67748, which is in line with the 23.6% fibonacci retracement and 38.2% fibonacci retracement. Alternatively, as the price is below ichimoku cloud, the price may retest the 1st support at 0.66722, which is in line with the 78.6% fibonacci retracement and swing low.
Trading Recommendation
Entry: 0.67284
Reason for Entry: 23.6% fibonacci retracement
Take Profit: 0.67748
Reason for Take Profit: 23.6% fibonacci retracement and 38.2% fibonacci retracement
Stop Loss: 0.66722
Reason for Stop Loss:
78.6% fibonacci retracement and swing low